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Journalize each of the following transactions assuming a perpetual inventory system. ( If no entry is required for a transaction / event , select

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.1Purchased $16,700 of merchandise inventory; terms 2/10, n/30.5Purchased for cash $7,900 of merchandise inventory. 6Purchased $21,700 of merchandise inventory; terms 3/15, n/45.9Purchased $1,750 of office supplies; terms n/15.10Contacted a major supplier to place an order for $170,000 of merchandise in exchange for a 25% trade discount to be shipped on April 1 FOB destination. 11Paid for the merchandise purchased on February 1.24Paid for the office supplies purchased on February 9.Mar.23Paid for the February 6 purchase.

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