Good evening:

How do I journalize a purchase transaction for perpetual inventory? The company bought $105,900 worth of PegaBlock toys on credit terms of 2/10, n/45.

Do your own homework. Read the rules of this site

This is easier than you think, if you think through the details of what you've just done, isntead of looking at it as a completely new thing.

First, what have you purchased? What kind of account is it? How do you add to that kind of account?

Second, you bought it on credit. That's something you should have learned before getting to merchandising and it hasn't change.

This is really not much different than purchasing supplies on account.

At least give stuff like this a try first.

How to record purchases on the General Journal?
June 1 After much thought, Natalie sells a mixer to Curtis on credit, terms
n/30, for $1,100 (cost of mixer $600).
2 Natalie meets with the bank manager and arranges to get access to a
Credit card account. The terms of credit card transactions are 3% of
The sales transactions and a monthly equipment rental charge of
$75.
30 Natalie teaches 13 classes in June. Seven classes were paid for in cash,
$1,050; the other six classes were paid for by credit card, $900.
30 Natalie receives and reconciles her bank statement. She makes sure
That the bank has correctly processed the monthly $75 charge for the
Rental of the credit card equipment and the 3% fee on the credit card
Transactions.
30 Curtis calls Natalie. He is unable to pay the amount outstanding
For another month, so he signs a one-month, 6% note receivable