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please help me answer this question and I will like your response HXURIOrowser avonchurahttps%253A%25217252 newconnect.mheducation.com9625 Sayed Required Information [The following information applies to me questions
please help me answer this question and I will like your response
HXURIOrowser avonchurahttps%253A%25217252 newconnect.mheducation.com9625 Sayed Required Information [The following information applies to me questions displayed below) On July 15, 2021, 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 perpetual inventory system and the ner method of accounting for purchase discounts Required: 1. Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2021 2. Prepare the journal entry for the payment, assuming instead that it was made on August 15, 2021 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entries to record the purchase on July 15 and payment on July 23. 2021. (if no antry is required for a transaction/event, select "No journal entry required in the first account field.) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 Record purchase of tires. Note: Enter debits before credits General Journal Debit Credit Date July 15, 2021 Record entry Clear entry View general journal Hi Required 2 > Required 1 Required 2 Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2021. (fin transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet Required 1 Requined 2 Prepare the journal entry for the payment, assuming instead that it was made on August 15, 2021. ( transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet > Record payment of July 15 purchase. Note: Enter debits before credits, Date General Journal Debit Credit August 15, 2021 Record entry Clear entry View general journal Step by Step Solution
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