Check my work 4 Tracy Company, a manufacturer of air conditioners, sold 110 units to Thomas Company on November 17, 2018. The units have a list price of $400 each, but Thomas was given a 20% trade discount. The terms of the sale were 3/10, n30. Thomas uses a periodic nventory system. 10 points Required: 1. & 2. Prepare the journal entries to record the purchase by Thomas on November 17 and payment on November 26, 2018 and December 15, 2018 using the gross method of accounting for purchase discounts. 3. Repeat requirements 1 and 2 using the net method of accounting for purchase discounts eBook Print Complete this question by entering your answers in the tabs below References Check my work 4 Req 1 and 2 Req 3 Prepare the journal entries to record the purchase by Thomas on November 17 and payment on November 26, 2018 and December 15, 2018 using the gross method of accounting for purchase discounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 10 points View transaction list eBook Print Journal entry worksheet Record the purchase of air conditioners Note: Enter debits before credits. Date General Journal Debit Credit November 17, 2018 4 Req 1 and 2 Req 3 10 points Prepare the journal entries to record the purchase by Thomas on November 17 and payment on November 26, 2018 and December 15, 2018 using the gross method of accounting for purchase discounts. (If no entry is required for a transaction/event, select "No journal entry required" In the first account fleld.) View transaction list eBook Print Journal entry worksheet 2 Record payment of November 17 purchase. Note: Enter debits before credits. Date General Journal Debit Credit November 26, 2018 Check my wo 4 Req 1 and Req 3 Prepare the journal entries to record the purchase by Thomas on November 17 and payment on November 26, 2018 and December 15, 2018 using the gross method of accounting for purchase discounts. (If no entry is required for a transaction/event, select "No journal entry required" In the first account fleld.) 10 points View transaction list eBook Print Journal entry worksheet References 2 Record payment of November 17 purchase. Note: Enter debits before credits. Date General Journal Debit Credit December 15, 2018 Check my 4 Req 1 and 2 Req 3 Repeat requirements 1 and 2 using the net method of accounting for purchase discounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) ts View transaction list eBook Journal entry worksheet Print ferences 2 Record purchase of merchandise on account using net method. Note: Enter debits before credits. Date General Journal Debit Credit November 17, 2018 Check my wo 4 Req 1 and 2Req 3 Repeat requirements 1 and 2 using the net method of accounting for purchase discounts. (If no entry is required for a transaction/event, select "No journal entry required" In the first account fleld.) 10 points View transaction list eBook Print References Journal entry worksheet 2 Record payment of November 17 purchase using net method. Note: Enter debits before credits. Date General Journal Debit Credit November 26, 2018 Check 4 Req 1 and 2 Req 3 Repeat requirements 1 and 2 using the net method of accounting for purchase discounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 10 points View transaction list eBook Print References Journal entry worksheet Record payment of November 17 purchase using net method. Note: Enter debits before credits. Date General Journal Debit Credit December 15, 2018