Required information [The following information applies to the questions displayed below] Tracy Company, a manufacturer of air conditioners, sold 250 units to Thomas Company on November 17, 2021. The units have a list price of $320 each, but Thomas was given a 30% trade discount. The terms of the sale were 3/10, n/30. Thomas uses a perpetual irventory system. Required: 1. Prepare the journal entries to record the (a) purchase by Thomas on November 17 and (b) payment on November 26,2021 . Thomas uses the gross method of accounting for purchase discounts. 2. Piepare the journal entry for the payment, assuming instead that it was made on December 15, 2021. Complete this question by entering your answers in the tobs below. Prepare the journal entries to record the (a) purchase by Thomas on November 17 and (b) payment on November 26, 2021. Thomas uses the gross method of accounting for purchase discounts. (If no entry is required for a transaction/event, 5eloct "Wo journal entry