Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate Invoice cost Shipping charges Import taxes and duties Interest (6.ex) on $2,240 borrowed from the bank to finance the purchase $2,248 181 160 11.11 points 134 $2,715 Required: Prepare the journal entry to record this purchase in the correct amount, assuming a perpetual inventory system (if no entry is required for a transaction/event, select "No journal entry required in the first account field.) Answer is complete but not entirely correct. Transaction General Journal Debit 2.710 Credit Cost of goods sold 2.710 Type here to search Homework https:/ewconnect.meducation.com/flow/connect html 0 Chapter 7: Homework Check my work mode: This shows what is correct or incorrect for the work you have completed so far, it does not indicat $2,248 181 Invoice cost Shipping charges Import taxes and duties Interest (6.0%) on $2,240 borrowed from the bank to finance the purchase 160 11.11 points 134 $2,715 Required: Prepare the journal entry to record this purchase in the correct amount, assuming a perpetual inventory system. (If no entry required for a transaction/event, select "No journal entry required in the first account field.) % Answer is complete but not entirely correct. No Transaction General Journal Credit Debit 2.710 % Cost of goods sold Cash 2,710 Graw Type here to search