2 Required information [The following information applies to the questions displayed below On July 15, 2021, the Nixon Car Company purchased 1700 tres from the Harwell Company for $50 each. The terms of the sale were 3/10 n30 Nixon uses a perpetual inventory system and the gross method of accounting for purchase discounts Required 1. Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2021 2. Prepare the journal entry for the payment, essuming instead that it was made on August 15, 2021 Complete this question by entering your answers in the tabe below. and the purchase on July 15 and payment on July 23, 2021. f new required face first account f July 15 Record purchase of tires. July 23 Record payment of July 15 purchase.