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Shankar Company uses a periodic system to record inventory transactions. The company purchases inventory on account on February 2 for $36.000 In addition to the

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Shankar Company uses a periodic system to record inventory transactions. The company purchases inventory on account on February 2 for $36.000 In addition to the cost of inventory, the company also pays $560 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 lit Journal entry worksheet 2 > Record the purchase of inventory on account Note: Enter debits before credits General Journal Debit Credit Dato February 02 Record entry Clear entry View general Journal MacBook Air DO ** F2 30 F3 a 74 ca 17 DII FB TS F6 A $ 4 2 % 5 & 7 6 00* 3 > O N 8 9 W E R Y U 1 O P a s n TI G H K

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