Comfort Company purchased $150$ units of inventory on November $17,2024.$ The units have a list price of $$460$ each, but

Comfort was given a $20\%$ trade discount. The terms of the sale were $\frac{3}{10},\frac{n}{30}.$ Comfort uses a perpetual inventory

system.

Required:

Prepare the journal entries to record the $($a$)$ purchase by Comfort on November $17$ and $($b$)$ payment on November $26,2024.$

Comfort uses the gross method of accounting for purchase discounts.

Prepare the journal entry for the payment, assuming instead that it was made on December $15,2024.$