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please help me answer this question by filling out a journal entry work sheet. I will like your reply reyunu The following information applies to
please help me answer this question by filling out a journal entry work sheet. I will like your reply
reyunu The following information applies to the questions displayed below] On July 15, 2021, the Nixon Car Company purchased 1,000 tres 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 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, 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 entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet 1 2 > Record purchase of tires. Noce Encer debit before credits Date General Journal Credit July 15, 2021 Record entry Clear entry View general al Required 2 > 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 e transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet Required 1 Reguhed 2 Prepare the journal en Required 2 ment, assuming instead that it was made on August 15, 2021. transaction/event, selde entry required in the first account field.) View transaction list Journal entry worksheet Record purchase of tires. Noce Encer debit before credits Date General Journal Credit July 15, 2021 Record entry Clear entry View general al Required 2 > 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 e transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet Required 1 Reguhed 2 Prepare the journal en Required 2 ment, assuming instead that it was made on August 15, 2021. transaction/event, selde entry required in the first account field.) View transaction list Journal entry worksheet Step by Step Solution
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