4 Prepare journal entries to record the transactions assuming a periodic inventory system. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Feb. 1 Purchased $16,108 of merchandise inventory; terms 2/10, n/30. 5 Purchased for cash $7,300 of merchandise inventory. 6 Purchased $21,100 of merchandise inventory; terms 3/15, n/45. 9 Purchased $1,450 of office supplies; terms n/15. le contacted a major supplier to place an order for $110,000 of merchandise in exchange for a 25% trade discount to be shipped on April 1 FOB destination. 11 Paid for the merchandise purchased on February 1. 24 Paid for the office supplies purchased on February 9. Mar.23 Paid for the February 6 purchase. View transaction list Journal entry worksheet 1 2 3 4 5 6 7 8 Record the purchase of merchandise for $16,100; terms 2/10, n/30. Note: Enter debits before credits. General Journal Debit Credit Date Feb. 01 Record entry Clear entry View general journal