Shankar Company uses a perpetual system to record inventory transactions. The company purchases Inventory on account on February 2 for $27.000. with terms 3/10./30. On February 10, the company pays for the inventory that was purchased on account Record the inventory purchase on February 2 and the payment on February 10. (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 Record the purchase of inventory on account. Note: Enter debits before credits. Date General Journal Debit Credit February 02 Record entry Clear entry View general journal