Shankar Company uses a periodic system to record inventory transactions. The company purchases inventory on account on February 2 for $26,000. In addition to the cost of inventory, the company also pays $460 for freight charges associated with the purchase on the same day. Record the purchase of inventory on February 2, including the freight charges. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 2 Record the purchase of inventory on account. Note: Enter debits before credits. Date February 02 General Journal Debit Credit View general journal Record entry Clear entry