Question #3 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 $16,000 of merchandise inventory; terms 3/10, n/30. 5 Purchased for cash $7,200 of merchandise inventory. 6 Purchased $21,000 of merchandise inventory; terms 1/15, n/45. 9 Purchased $1,400 of office supplies; terms n/15. 10 Contacted a major supplier to place an order for $100,000 of merchandise in exchange for a 20% 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 9.1 Mar.23 Paid for the February 6 purchase.