E6-8 Recording Journal Entries for Purchases and Purchase Discounts Using a Perpetual Inventory System [LO6-3] During the months of January and February, Axen Corporation purchased goods from three suppliers. The sequence of events was as follows: Jan. 6 Purchased goods for $1,200 from Green with terms 2/10, n/30 6 Purchased goods from Munoz for $900 with terms 2/10, n/30 14 Paid Green in full Feb. 2 Paid Munoz in full 28 Purchased goods for $350 from Reynolds with terms 2/10, n/45 Required: Using the above information, prepare journal entries to record the transactions, assuming Axen uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet < 1 2 3 4 5 Purchased goods for $1,200 from Green with terms 2/10, n/30. Note: Enter debits before credits. Transaction Jan 6 General Journal Debit Credit Record entry Clear entry View general journal