Tracy Company, a manufacturer of air conditions, sold 150 units to Thomas Company on November 17, 2018. The units have a list price of $460 each, but Thomas was given a 20% trade discount. The terms of the sale were 3/10, n/30. Thomas uses a periodic system. Prepare the journal entries to record the purchase by Thomas on November 17 and payment on November 26, 2016 and December 15, 2018 using the grass method of accounting for purchase discounts. Repeat requirements 1 and 2 using the net method of accounting for purchase discounts