Purchases Transactions-Gross-Price and Net-Price-Methods Romero's Heating and Cooling had the following transactions during April: Apc 2 Purchased merchandise on account from Alanon Valve for $800, terms 2/10,n/30. 5 Purchased merchandise on account from Leon's Garage for $1,440, terms 1/10,n/30. 11 Paid the amount due to Alanon Valve for the purchase on April 2. 25 Paid the amount due to Leon's Garage for the purchase on April 5. 1. Prepare general journal entries for these transactions using the gross-price method. Feodtuad T Olock My Work Under this method, purchases are recorded at the gross amount, regardiess of available cash dscounts. Purchase discounts are recorded when paid within the discoun 2. Prepare general journal entries for these transactions using the net-price method. Feedbock T Check My Work extra amount paid