Axelrod, Inc. purchases all merchandise on account. In the space below, #1 RECORD the following transactions assuming Axelrod uses the gross method of recording purchases under a periodic inventory system. 06/15/14 purchase $10,000 of merchandise from vendor A, 2/10; n/30 06/21/14 purchases $15,000 of merchandise from vendor B, 3/15; n/45 06/30/14 pays vendor A in full 07/03/14 pays vendor B in full #2 RECORD the purchase transactions assuming Axelrod uses the net method of recording purchases under a periodic inventory system