Shankar Company uses a perpetual 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.) CH View transaction list View journal entry worksheet case No General Journal Debit Credit Dato February 02 1 Inventory Accounts Payable 30,000 30,000