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On December 28,2024 , Videotech Corporation (VTC) purchased 13 units of a new satellite uplink system from Tristar Communicat for $28,000 each. The terms of

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On December 28,2024 , Videotech Corporation (VTC) purchased 13 units of a new satellite uplink system from Tristar Communicat for $28,000 each. The terms of each sale were 2/10. n/30. VTC uses the net method to account for purchase discounts and a perpetual inventory system. VTC paid the net-of-discount amount on January 6, 2025. Prepare the necessary journal entries assuming that VTC uses the net method to account for purchase discounts. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Videotech Corporation (VTC) purchased 13 units of a new satelite uplink system from Tristar Communications for $28,000 each. The terms of each sale were 2/10,n/30. Record the purchase orIDecember 28,2024 . Note: Enter debits before credits. Journal entry worksheet Videotech Corporation (VTC) purchased 13 units of a new satellite uplink system from Tristar Communications for $28,000 each. The terms of each sale were 2/10,n/30. Reyord the payment on January 6,2025 . Note: Cnter debits before credits

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