7. Performance Computers has the following transactions in February related to purchase of merchandise inventory. i (Click the icon to view the transactions.) Journalize the purchase transactions for Performance Computers assuming the company uses the perpetual inventory system. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Feb. 1: Purchase of $26,500 worth of computers on account, term of 2/10, n/60. Date Accounts Debit Credit Feb. 1 - More info February 1 Purchase of $26,500 worth of computers on account, term of 2/10,n/60 3 Return of $2,000 of the computers to the vendor. 9 Payment made on account. Print Done