Kitchen Electrics uses a perpetua inventory system. The following are three recent merchandising transactions. Apr.10 Purchased 10 refrigerators from Polar Co. on account. Involce price, 5250 per unit, for total of 12,5ee. The terms of purchase were 2/10,n/3e. Apr.15 Sold one of these refrigerators for see cash. Apr.20 Pald the account payable to Polar Co. within the discount period. Required: a. Prepare journal entries to record these transactions assuming that Kitchen Electrics records purchases of merchandise at 1. Nel cosi 2. Gross involce price b. Assume that Kitchen Electrics did not pay Polar Co. within the discount perlod but instead paid the full involce price on May 10 Prepare journal entries to record this payment assuming that the original lability had been recorded at: 1. Nel cost 2. Gross invoice price 1 2 3 4 > Record the purchase of 10 refrigerators at net cost. Note: Enter debits before credits Date General Journal Debit Credit April 10 Record the sale of 1 Polar refrigerator for cash. Note: Enter debits before credits. Date General Journal Debit Credit April 15 Record the cost of refrigerator sold. Note: Enter debits before credits. Date General Journal Debit Credit April 15 Record the payment of account payable within discount period. Note: Enter debits before credits Date General Journal Debit Credit April 20