Question: Homework Saved Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate


Homework Saved Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate Required information [The following information applies to the questions displayed below.) On July 15, 2021, the Nixon Car Company purchased 2.400 tires from the Harwell Company for $35 each. The terms of the sale were 2/10,n/30. Nixon uses a perpetual Inventory system and the net 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Drenare the turns antraete rartha munchen an de and numatanto in antarle and for MMM Required information View transaction list Journal entry worksheet
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