Exercise 5-2 Recording journal entries for merchandise purchase transactions-perpetual LO3 Journalize each of the following transactions assuming a perpetual inventory system (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Feb. 1 Purchased $17,100 of merchandise inventory; terns 2/10, n/30. 5 Purchased for cash $8,300 of merchandise inventory 6 Purchased $22,100 of merchandise inventory: terns 3/15, n/45. 9 Purchased $1,950 of office supplies; terns n/15. 10 Contacted a major supplier to place an order for $210,000 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. Answer is not complete. NO Date General Journal Debit Credit 1 Feb. 01 17,100 Merchandise inventory Accounts payable 17.100 2 Feb. 05 Merchandise inventory 8,300 Cash 8,300 3 Feb 06 22,100 Merchandise inventory Accounts payable 22,100 Prey 1 of 1 Next > to search o BE 8,300 2 Feb. 05 Merchandise inventory Cash 8,300 3 Feb. 06 22.100 Merchandise inventory Accounts payable 22.100 4 Feb. 09 1.950 Office supplies Accounts payable 1.950 5 Feb. 10 No journal entry required 6 Feb. 11 Accounts payable 17.100 Cash 16.758 342 7 Feb. 24 1,950 Accounts payable Cash 1,950 CD Mar. 23 Accounts payable 22,100 Cash 22,100