Prepare journal entries to record each of the following transactions. The company records purchases using the gross method and a perpetual inventory system. September 15 Purchased merchandise with an invoice price of $35,000 and credit terms of 2/5, n/15. September 29 Paid supplier the amount owed on the September 15 purchase. X Answer is not complete. No Date General Journal Debit Credit 1 Sept 15 Merchandise inventory V 35,000 Accounts payable 35,000 2 Sept 29 Accounts payable 17,500 X Cash