apps Chapter 4 Graded Homework i Saved 1 4 points 033126 eBook Help Save & Exit Submit Check my work Santa Fe Retailing purchased merchandise "as is" (with no returns) from Mesa Wholesalers with credit terms of 3/10, n/60 and an invoice price of $25,900. The merchandise had cost Mesa $17,664. Assume that both buyer and seller use a perpetual inventory system and the gross method. 1. Prepare entries that the buyer records for the (a) purchase, (b) cash payment within the discount period, and (c) cash payment after the discount period. 2. Prepare entries that the seller records for the (a) sale, (b) cash collection within the discount period, and (c) cash collection after the discount period. Complete this question by entering your answers in the tabs below. Hint Mc Graw Hill Required 1 Required 2 Prepare entries that the buyer records for the (a) purchase, (b) cash payment within the discount pei discount period. View transaction list Journal entry worksheet < 2 3 Record Santa Fe Retailing purchased merchandise "as is" (with no returns) from Mesa Wholesalers with credit terms of 3/10, n/60 and an invoice price of $25,900. Note: Enter debits before credits. Transaction General Journal Debit Credit a Accounts receivable 25,900 Sales 25,900 Prev 1 of 2 Next > apter 4 Graded Homework Saved Reading L Help Save & Exit Submit Check my work pints 1 03:31:21 eBook Santa Fe Retailing purchased merchandise "as is" (with no returns) from Mesa Wholesalers with credit terms of 3/10, n/60 and an invoice price of $25,900. The merchandise had cost Mesa $17,664. Assume that both buyer and seller use a perpetual inventory system and the gross method. 1. Prepare entries that the buyer records for the (a) purchase, (b) cash payment within the discount period, and (c) cash payment after the discount period. 2. Prepare entries that the seller records for the (a) sale, (b) cash collection within the discount period, and (c) cash collection after the discount period. Complete this question by entering your answers in the tabs below. Hint Mc Graw Required 1 Required 2 Prepare entries that the buyer records for the (a) purchase, (b) cash payment within the discount pe discount period. View transaction list Journal entry worksheet 2 3 Record Santa Fe paid within the discount period. Note: Enter debits before credits. Transaction b General Journal Debit Credit Prev 1 of 2 Next > -4 Graded Homework Saved Help Save & Exit Si Check my w 31:19 Santa Fe Retailing purchased merchandise "as is" (with no returns) from Mesa Wholesalers credit terms of 3/10, n/60 and an invoice price of $25,900. The merchandise had cost Mesa $17,664. Assume that both buyer and seller use a perpetual inventory system and the gross method. 1. Prepare entries that the buyer records for the (a) purchase, (b) cash payment within the discount period, and (c) cash payment after the discount period. 2. Prepare entries that the seller records for the (a) sale, (b) cash collection within the discou period, and (c) cash collection after the discount period. ok int W Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare entries that the buyer records for the (a) purchase, (b) cash payment within the discou discount period. View transaction list Journal entry worksheet 2 Record Santa Fe paid after the discount period. Note: Enter debits before credits Transaction C General Journal Debit Credit