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hey everybody this is week nine quiz access chapter four problem number four this oneamp;#39;s a little bit confusing so hopefully i can help you through it um so what weamp;#39;ve got going on here is this company allied merchandisers was organized on may 1st and then macy company is a major customer or buyer of allied products and then it gives us all these transactions and then it tells us prepare the journal entries for macy company so whatamp;#39;s hard about this is we have to remember whose perspective weamp;#39;re dealing with in real life itamp;#39;s not that hard because you know what company you work for or you own but here weamp;#39;re having to keep it all straight so weamp;#39;re making the entries for macy not for allied and so uh this first transaction it says allied made its first and only purchase of inventory for this period so if weamp;#39;re macy we donamp;#39;t make any journal entry for things that allied does so weamp;#39;re just going to say this is n