Required information [The following information applies to the questions displayed below] On July 15,2024 , the Niche Car Company purchased 1,300 tires from the Treadwell Company for $60 each. The terms of the sale were 4/10,n/30. Niche 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, 2024 2. Prepare the joutnal entry for the payment assuming instead that it was made on August 15, 2024 Complete this question by entering your answers in the tabs below. Prepare the journal entries to fecord thet purchase on July 15 and payment on luly 23, 2024. Required information The following information applies to the questions displayed below? On July 15, 2024, the Niche Car Company purchased 2,200 tires from the Treadwell Company for $45 each. The terms of the sale were 2/10,n/30. Niche uses a perpetual inventory system and the net method of accounting for purchase discounts. Required: 1. Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2024. 2. Prepare the journal entry for the payment, assuming instead that it was made on August 15, 2024. Complete this question by entering your answers in the tabs below. Prepore the journal entries to record the purchase on July 15 and poyment on July 23, 2024