On July 15, 2018. the Nixon Car Company purchased 2.200 tires from the Harwell Company for $45 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, 2018 2. Prepare the journal entry to record the payment on August 15, 2018 3. If Nixon instead uses a perpetual inventory system, explain any changes to the journal entries created in requirements 1 and 2 Complete this question by entering your answers in the tabs below. Required: Required 2 Required 3 Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2018. transaction/event, select "No journal entry required in the first account field) no entry is required for a View transaction list Journal entry worksheet Record purchase of tires. Date General Journal Debit Credit July 15, 2018 UMUM WILL IT Lurrywuju Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2018. (If no entry is required for transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record payment of July 15 purchase. nces Note: Enter debits before credits Date July 23, 2018 General Journal Debit Credit Record entry Clear entry View general journal