Bunker Auto Supply purchased inventory on January 4,2024 , at a price of $70,000, subject to credit terms of 2/10,n/30. Bunker uses the gross method for recording purchases and uses a periodic inventory system. Required: 1. Prepare the journal entry to record the purchase. 2. Prepare the journal entry to record the payment of one-half the invoice amount on January 11, 2024. 3. Prepare the journal entry to record the balance of the amount due on February 2, 2024. Complete this question by entering your answers in the tabs below. Prepare the journal entry to record the purchase. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first ac Journal entry worksheet Record the purchase of merchandise subject to credit terms 2/10,n/30. Note: Enter debits before credits