Required information The following information applies to the questions disployed below] On July 15.2024, the Niche Cor Company purchased 1700 tires from the Treadwell Company for $50 each. The terms of the sale were 3/10,n/30. Niche uses a perpetuat inventory system and the net method of accounting for purchase discounts. equired: 1. Prepare the fournal entnes to record the purchase on July 15 and payment on July 23,2024 2. Prepare the journat 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 joumal 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