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 $47,500 and credit terms of 3/5, n/15. September 29 Paid supplier the amount owed on the September 15 purchase. View transaction list Journal entry worksheet 1 2 Purchased merchandise with an invoice price of $47,500 and credit terms of 3/5, n/15. Note: Enter debits before credits. Date Sept 15 General Journal Debit Credit Record entry Clear entry View general journal