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please help will rate Required information [The following information applies to the questions displayed below! On July 15, 2021, the Nixon Car Company purchased 2,900
please help will rate
Required information [The following information applies to the questions displayed below! On July 15, 2021, the Nixon Car Company purchased 2,900 tires from the Harwell Company for $25 each. The terms of the sale were 4/10,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.) 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 1s 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. Noter Enter debits before credits General Journal Debit Credit Date July 15, 2021 Record entry Clear entry View general Journal Prepare the journal entry for the payment, assuming instead that it was made on August 15, 2021. If no entry is required for a transaction/event, select 'No joumali ured in the first account field.) View transaction Journal entry worksheet Record bayrt of My 15 purchase bor Generown Du CE Det AQ15 2021 Recenty Clearendy View general Journal Step by Step Solution
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