Refer to the information in BE6-12, but now assume that Shankar uses a periodic system to record

Question:

Refer to the information in BE6-12, but now assume that Shankar uses a periodic system to record inventory transactions. Record the inventory purchase on February 2 and the payment on February 10.
In BE 12
The company purchases inventory on account on February 2, 2012, for $30,000, with terms 2/10, n/30. On February 10, the company pays on account for the inventory.