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On December 28,2024 , Videotech Corporation (VIC) purchased 10 units of a new satellite uplink system from Tristar Communications for $29.000 each. The terms of

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On December 28,2024 , Videotech Corporation (VIC) purchased 10 units of a new satellite uplink system from Tristar Communications for $29.000 each. The terms of each sale were 2/10, " /30 VTC uses the gross method to account for purchase discounts and a perpetual inventory system. VTC paid the net-of-discount amount on January 6, 2025. Prepare the joumal entries on December 28 and January 6 to record the purchase and payment. Note: If no entry is required for a transoction/event, select "No journal entry required" in the first account field. Journal entry worksheet Videotech Corporation (VTC) purchased 10 units of a new satellite uplink system from Tistar Communications for $29,000 each, The terms of each sale were 2/10,n/30. Record the payment on January 6,2025 . Note Liter debits before credits

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