On August 1, Gilmore Company purchased merchandise from Hendren with an invoice price of $75,000 and credit terms of 4/10, n/30. Gilmore Company paid Hendren on August 11. Prepare any required journal entry (ies) for Gilmore Company (the purchaser) on (a) August 1 and (b) August 11. Assume Gilmore uses the perpetual inventory method. view transaction list view general journal Journal Entry Worksheet Record the credit purchase Date General Journal Debit Credit Aug 01 *Enter debits before credits done clear entry record entry