Required information [The following information applies to the questions displayed below.] On June 5, Staley Electronics purchases 300 units of inventory on account for $12 each, with terms 2/10,n/30. Staley pays for the inventory on June 12. 2. Assume payment is made on June 22. Record the payment on account assuming the company uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)