Question: Brief Exercise 6 - 1 3 ( Algo ) Record purchase discounts of inventory using a perpetual system ( LO 6 - 5 ) Shankar

Brief Exercise 6-13(Algo) Record purchase discounts of inventory using a perpetual system (LO6-5)
Shankar Company uses a perpetual system to record inventory transactions. The company purchases inventory on account on February 2 for $33,000, with terms 210,n30. On February 10, the company pays on account for the inventory.
Record (a) the inventory purchase on account on February 2 and (b) 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.)
\table[[,,, Answer is not complete.,,],[No,Date,,General Journal,Debit,Credit],[1,February 02,Inventory,(,,],[,Accounts Payable,(2),,],[2,February 10,Accounts Payable,2,,],[,Cash,(v),,]]
 Brief Exercise 6-13(Algo) Record purchase discounts of inventory using a perpetual

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