The following information applies to the questions displayed below]. Comfort Company purchased 120 units of inventory on November 17, 2024. The units have a list price of $550 each, but Comfort was given a 30% trade discount. The terms of the sale were 210.n/30. Comfort uses a perpetual inventory. system. 3. Prepare the journal entries to record the (a) purchase by Comfort on November 17 and payment on November 26, 2024, and (b) December 15.2024 using the net method of accounting for purchase discounts. x) Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the journal entries to record the (a) purchase by Comfort on November 17 and (b) payment an November 26, 2024. Comfort uses the net method of accounting for purchase discounts. Notes if no entry is required for a transaction/event, telect "No journal entry required" in the first account field. Required information [The following information applies to the questions displayed below] Comfort Company purchased 120 units of inventory on November 17. 2024. The units have a list price of $550 each Comfort was given a 30% trade discount. The terms of the sale were 2/10,n/30. Comfort uses a perpetual inventory system. 3. Prepare the journal entries to record the (a) purchase by Comfort on November 17 and payment on November 26.2024. December 15, 2024 using the net method of accounting for purchase discounts. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the journal entry for the payment, assuming instead that it was made on December 15, 2024. Note: If no entry is required for a transaction/event, select "No joumal entry required" in the first account field