During the months of January and February, Axe Corporation purchased goods from three suppliers. The sequence of events was as follows:

Prepare journal entries to record the following transactions, assuming Axe uses a perpetual inventory system:

1. (Jan. 6) Record the inventory purchased of $1,800 on account from Green with terms 2/10, n/30.

2. (Jan. 6) Record the inventory purchased of $1,500 on account from Munoz with terms 2/10, n30.

3. (Jan. 14) Record the payment in full for the inventory to Green.

4. (Feb. 2) Record the payment in full for the inventory to Munoz.

5. (Feb. 28) Record the inventory purchased of $650 on account from Reynolds with terms 2/10, n/45.

During the months of January and February, Axe Corporation purchased goods from three suppliers The sequence of events was as follows Jan. 6 Purchased goods for $1,800 from Green with terms 2/10, n/30 6 Purchased goods from Munoz for $1,500 with terms 2/10, n/30. 14 Paid Green in full. Feb. 2 Paid Munoz in full 28 Purchased goods for $650 from Reynolds with terms 2/10, n/45