2 Required information [The following information applies to the questions displayed below.) On July 15, 2021, the Nixon Car Company purchased 2,100 tires from the Harwell Company for $40 each. The terms of the sale were 3/10, 1/30. Nixon uses a perpetual inventory system and the gross method of accounting for purchase discounts OK 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, assuming instead that it was made on August 15, 2021 Complete this question by entering your answers in the tabs below. Required 1 Required 2 rices Prepare the journal entry for the payment, assuming Instead that it was made on August 15, 2021. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list On July 15, 2021, the Nixon Car Company purchased 2,100 tires from the Harwell Company for $40 each. The terms of the sale were 3/10,n/30. 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, assuming instead that it was made on August 15, 2021. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2021. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No General Journal Debit Credit Dato July 15, 2021 1 Inventory Accounts payable Required 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry for the payment, assuming instead that it was made on August 15, 2021. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet Record payment of July 15 purchase. Note: Enter debits before credits General Journal Debit Credit Date August 15, 2021 Record entry Clear entry View general Journal