i Required information [The following information applies to the questions displayed below.] On July 15, 2021, the Nixon Car Company purchased 1,900 tires from the Harwell Company for $40 each. The terms of the sale were 4/10, n/30. Nixon uses a perpetual inventory system and the net method of accounting for purchase discounts. Required: 1. Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2021. 2. Prepare the journal entry for the payment, assuming instead that it was made on August 15, 2021. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entries to record the purchase on July 15 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.) View transaction list Journal entry worksheet < Record purchase of tires. Note: Enter debits before credits. General Journal Debit Credit 76,000 76,000 Date July 15, 2021 Inventory Accounts payable View general journal Record entry Clear entry Prev 5 of 6 Score answer View transaction list Journal entry worksheet < Record payment of July 15 purchase. Note: Enter debits before credits. Date General Journal Debit Credit July 23, 2021 Accounts payable 76,000 Cash 3,040 Inventory 72,960 Record entry Clear entry View general journal ces Journal entry worksheet 1 Record payment of July 15 purchase. Note: Enter debits before credits. Date General Journal Debit Credit 76,000 76,000 August 15, 2021 Accounts payable Cash Record entry Clear entry View general journal