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please help with recording transactions Required information Exercise 6-8 (Algo) Record inventory purchase and purchase discount using a perpetual system (LO65) [The following information applies
please help with recording transactions
Required information Exercise 6-8 (Algo) Record inventory purchase and purchase discount using a perpetual system (LO65) [The following information applies to the questions displayed below.] On June 5, Staley Electronics purchases 120 units of inventory on account for $15 each, with terms 1/10,n/30. Staley pays for the inventory on June 12. xercise 6-8 (Algo) Part 1 Required: 1. Record transactions for the purchase of inventory In account and payment on account using a perpetual system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Journal entry worksheet Note: Enter debits before credits Step by Step Solution
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