Meteor Co purchased merchandise on March, 2021a price of $48.000, subject to create terms of 3/0,730 Meteor uses the net! method for recording purchases and uses a periodic Inventory system Required: 1. Prepare the journal entry to record the purchase 2. & 3. Prepare the journal entries to record the appropriate payment if the entire Invoice is paid on March 11, 2021 and April 2, 2021 Complete this question by entering your answers in the tabs below. Reg1 Req 2 and 3 Prepare the journal entry to record the purchase. (If no entry is required for a transaction/event, select "No journal entry required in the first account Red.) View transaction list Journal entry worksheet > 1 Record the purchase of merchandise subject to credit terms 3/10, 1/30 Note: Enter debits before credits Debit General Journal Date Credit March 04, 2021 Journal entry worksheet