Midterm #$2($Chapters $5$ and $6)$

Travis Company purchased merchandise on account from a supplier for $$5,700,$ terms $\frac{2}{10},$ net $30.$ Travis Company paid for the merchandise within the discount period.

Under a perpetual inventory system, record the journal entries required for the above transactions. If an amount box does not require an entry, leave it blank.

a$.$

$$

$$

b$.?$

$$