On July 15, 2011, the Nixon Car Company purchased 1,000 tires from the Harwell Company for $50 each. The terms of the sale were 2/10, n/30. Nixon uses a periodic inventory system and the gross method of accounting for purchase discounts. Required: (1) Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2011. (Omit the "$" sign in your response.) Date General Journal July 15, 2011 Debit: Credit: July 23, 2011 Debit: Credit: Credit: (2) Prepare the journal entry to record the payment on August 15, 2011. (Omit the "$" sign in you response.) Date General Journal Aug. 15, 2011 Debit: Credit