The entry to record a purchase of $13,000 on account, terms of 2/10, n/30, would include a:

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A purchase on account means the company is buying goods or services and agreeing to pay the supplier at a later date. The correct entry to record this transaction involves debiting an asset or expense account (depending on the nature of the purchase) and crediting Accounts Payable for the full amount of the purchase ($13,000). The terms 2/10, n/30 are payment terms offering a discount for early payment, but they do not affect the initial recording of the transaction.

The Entry to Record a Purchase of $13,000 on Account