Required information [The following information applies to the questions displayed below.] On July 15, 2024, the Niche Car Company purchased 2,000 tires from the Treadwell Company for $40 each. The terms of the sale were 3/10, 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 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. Required 1 Required 2 Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet Required information View transaction list Journal entry worksheet 1 2 Record purchase of tires. Note: Enter debits before credits. Date July 15, 2024 General Journal Debit Credit View general journal Record entry Clear entry Journal entry worksheet < 1 2 Record payment of July 15 purchase. Note: Enter debits before credits. Date July 23, 2024 General Journal Debit Credit View general journal Record entry Clear entry Required information Journal entry worksheet < 1 Record payment of July 15 purchase. Note: Enter debits before credits. Date August 15, 2024 General Journal Debit Credit Record entry Clear entry View general journal