Required information Knowledge Check 01 A buyer uses a periodic inventory system, and on December 5 , it purchases $4,000 of merchandise on credit terms of 2//10, n//30. Complete the journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. View transaction list Journal entry worksheet A buyer uses a periodic inventory system, and on December 5 , it purchases $4,000 of merchandise on credit terms of 2//10,n//30. Note: Enter debits before credits