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Required Information [The following information applles to the questions displayed below) On July 15, 2021, the Nixon Car Company purchased 1,800 tires from the Harwell

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Required Information [The following information applles to the questions displayed below) On July 15, 2021, the Nixon Car Company purchased 1,800 tires from the Harwell Company for $45 each. The terms of the sale were 2/10,n/30. Nixon 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, 2021. 2. Prepare the journal entry for the payment, assuming instead that it was made on August 15, 2021 x Answer is not complete. 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, 2021. (If no entry is required transaction/event, select "No journal entry required" in the first account field.) No Date General Journal Debit Credit 1 July 15, 2021 81.000 Purchases Accounts payable 81,000 70,380 Cash Cash > 1,020 X 2 July 23, 2021 Purchases 81.000 81.000 Accounts payable Accounts payable Cash xxx 81,000 $ 81.000 Required 2 > equired: Prepare the Journal entries to record the purchase on July 15 and payment on July 23, 2021. Prepare the journal entry for the payment, assuming Instead that it was made on August 15, 2 Answer is not complete. Complete this tion by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry for the payment, assuming instead that it was made on August 15, 2021. ( a transaction/event, select "No journal entry required" in the first account field.). No Date General Journal Debit Credit

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