34 of 2 ences Check my work Required information [The following information applies to the...
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34 of 2 ences Check my work Required information [The following information applies to the questions displayed below.) On June 5, Staley Electronics purchases 260 units of inventory on account for $10 each, with terms 3/10, n/30. Staley pays for the inventory on June 12. Required: 1. Record transactions for the purchase of inventory and payment on account assuming the company uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet < 1 2 Record the purchase of inventory on account. Note: Enter debits before credits. >
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