Travis Company purchased merchandise on account from a supplier for $9,300, terms 2/10, net 30. Travis Company paid for the merchandise within the discount period. Under a perpetual inventory system,...

accounting

Extracted text: Travis Company purchased merchandise on account from a supplier for $9,300, terms 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.