Answer:
See explanation section.
Explanation:
In the book of Radomir Company
merchandise inventory Debit = $1,350
account payable - Lemke Company Credit = $1,350
<em>To record the purchase from Lemke Company on account.</em>
In the book of Lemke Company,
Accounts receivable Radomir Company Debit $1,350
Sales revenue Credit $1,350
<em>To record the sales on account.</em>
Cost of goods sold Debit = $940
Merchandise inventory Credit = $940
As the company uses perpetual inventory system therefore, the company will gave cost of goods sold journal.