Comfort Company purchased 170 units of inventory on November 17, 2024. The units have a list price of $600 each, but Comfort was given a 20% trade discount. The terms of the sale were 3/10, n/30. Comfort uses a perpetual inventory system.

3. Prepare the journal entries to record the (a) purchase by Comfort on November 17 and payment on November 26, 2024, and (b) December 15, 2024 using the net method of accounting for purchase discounts.