Denver office equipment average cost and a perpetual inventory system

Slinky Company purchased merchandise on June 10, 2018, at a price of $31,000, subject to credit terms of 2/10, n/30. Slinky uses the net method for recording purchases and uses a perpetual inventory system. 12 Required: 1. Prepare the journal entry to record the purchase. 2.& 3. Prepare the journal entries to record the approprlate payment if the entire involce is paid on June 18, 2018 and July 8, 2018 Complete this question by entering your answers in the tabs below