Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does --- ---- ------ Tracy Company, a manufacturer of air conditioners, sold 210 units to Thomas Company on November 17, 2021. The units have a list price of $200 each, but Thomas was given a 30% trade discount. The terms of the sale were 3/10. n/30. Thomas uses a perpetual Inventory system. Required: 1. Prepare the journal entries to record the (a) purchase by Thomas on November 17 and (b) payment on November 26, 2021. Thomas uses the gross method of accounting for purchase discounts 2. Prepare the journal entry for the payment, assuming instead that it was made on December 15, 2021. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entries to record the (a) purchase by Thomas on November 17 and (b) payment on November 26, 2021. Thomas uses 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.) No Date General Journal Debit Credit 1 November 17, 202 Inventory 29,400 Accounts payable 29,400 9 2 29,400 November 26, 202 Accounts payable Inventory Cash O 41.1603 Reaniced 2