Required information [The following information applies to the questions displayed below) On July 15, 2021, the Nixon Cor Company purchased 1,800 tires from the Harwell Company for $45 each The terms of the sale were 210, 1/30. Nixon uses a perpetual inventory system and the gross method of accounting for purchase discounts 3. If Nixon instead uses o periodic inventory system, explain any changes to the journal entries created in requirements 1 and 2 The July 15 entry would include a debit to the entry would indude a credit to the and the July 23 account instead of to account instead of to