A company purchased inventory for $2,200 on account, and recorded the following journal entry:
The vendor's invoice showed terms of 3/10, net 30. Please provide the journal entry for the payment of the invoice on the 7th day (using the perpetual inventory method).

Question

A company purchased inventory for $2,200 on account, and recorded the following journal entry:
  The vendor's invoice showed terms of 3/10, net 30. Please provide the journal entry for the payment of the invoice on the 7th day (using the perpetual inventory method).

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The Answer of A company purchased inventory for $2,200 on account, and recorded the following journal entry:
  The vendor's invoice showed terms of 3/10, net 30. Please provide the journal entry for the payment of the invoice on the 7th day (using the perpetual inventory method).

A Company Purchased Inventory for $2,200 on Account, and Recorded