On June $5,$ Staley Electronics purchases $190$ units of inventory on account for $$20$ each, with terms $\frac{1}{10},\frac{n}{30}.$ Staley pays for the inventory on June $12.$

Required:

Record transactions for the purchase of inventory on account and payment on account using a perpetual system. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

$1$ Record the purchase of inventory on account.

$(2)$ Record the payment on account.

Note :

$q,=$ journal entry has been entered