Required information

Exercise $6-8($Static$)$ Record inventory purchase and purchase discount using a perpetual system $($LO$6-5)$

$[$The following information applies to the questions displayed below.$]$

On June $5,$ Staley Electronics purchases $200$ units of inventory on account for $$19$ each, with terms $2/10,$ n$/30.$ Staley pays

for the inventory on June $12.$

Exercise $6-8($Static$)$ Part $1$

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.$)$