Required information [The following information applies to the questions displayed below] On June 5, Staley Electronics purchases 240 units of inventory on account for $20 each, with terms 1/10,n/30. Staley pays for the invertory on June 12. Required: 1. Record transactions for the purchase of imventory on account and payment on account using a perpetual system. (if no entry required for a transaction/event, select "No Journal Entry Required" in the first account field.)