what is the journal entries for this problem? Question Details 1. Write the journal entries Jul. 17 Purchased 57 watches for $8,037 ($141 per watch) on account. Jul. 31 Sold 44 watches for $13,596 cash. Aug. 12 Purchased 43 watches for $6,708 ($156 per watch) cash. Aug. 22 Sold 22 watches for $6,798 on account. Sep. 19 Paid for watches ordered on July 17. Sep 27 Received full payment for watches sold on account on August 22. Oct. 27 Purchased 81 watches for $13,770 ($170 per watch) cash. Nov. 20 Sold 105 watches for $32,445 cash. Dec. 4 Purchased 104 watches for $18,096 ($174 per watch) cash. Dec. 8 Sold 32 watches for $9,888 on account