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Select Apparel purchased 90 new shirts and recorded a total cost of $2,665 determined as foilow Invoice cost Shipping charges Import taxes and duties Interest

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Select Apparel purchased 90 new shirts and recorded a total cost of $2,665 determined as foilow Invoice cost Shipping charges Import taxes and duties Interest (6.0%) on $2,180 borrowed from the bank to finance the purchase $2,180 181 173 131 $2,665 Required: Prepare the journal entry to record this purchase in the correct amount, assuming a perpetual inventory system. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet

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