Ch 7 Homework-part 10 12 2 points eflook Harwell Company manufactures automobile tires. On July 15, 2021, the company sold 2.400 tires to the Nixon Car Company for $50 each. The terms of the sale were 2/10, n/30 Harwell uses the net method of accounting for cash discounts Required: 1. Prepare the journal entries to record the sale on July 15 pgnore cost of goods) and payment on July 23, 2021 2. Prepare the journal entries to record the sale on July 15 (ignore cost of goods) and payment on August 15, 2021 Complete this question by entering your answers in the tabs below. Prepare the journal entries to record the sale on July 15 (ignore cost of goods) 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.) Required 1 Required 2 HOM View transaction list View journal entry worksheet No Date General Journal 1 July 15, 2021 Accounts receivable Sales revenue 2 July 23,2021 Cash Sales discounts forfeited Accounts receivable Debit Credit 11,000 120,000 117,600 2,400 120,000 Required 2>