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Required information [The following information applies to the questions displayed below.] Comfort Company purchased 230 units of inventory on November 17,2024 . The units have

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Required information [The following information applies to the questions displayed below.] Comfort Company purchased 230 units of inventory on November 17,2024 . The units have a list price of $450 each, but Comfort was given a 30% trade discount. The terms of the sale were 2/10, n/30. Comfort uses a perpetual inventory system. Required: 1. Prepare the journal entries to record the (a) purchase by Comfort on November 17 and (b) payment on November 26,2024. Comfort uses the gross method of accounting for purchase discounts: 2. Prepare the journal entry for the payment, assuming instead that it was made on December 15,2024. Journal entry worksheet Note: Enterdebits before credits. Journal entry worksheet Alternatively, record payment on December 15 using the gross method of accounting for purchase discounts. Note: Enter debits before credits

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