Question: I need help with this question On December 28, 2024, Videotech Corporation (VTC) purchased 12 units of a new satetite upink system from Tostar Cominunications

I need help with this question
I need help with this question On December 28, 2024, Videotech Corporation
(VTC) purchased 12 units of a new satetite upink system from Tostar

On December 28, 2024, Videotech Corporation (VTC) purchased 12 units of a new satetite upink system from Tostar Cominunications for $30,000 each. The terms of each sale were 2110, n/30. VTC uses the gross method to account for purchase discounts and a perpetual inventory system. VTC paid the net-ot-discount amount on January 6,2025 : Prepare the journal entries on December 28 and lanuary 6 to record the purchase and payment. Note: If no entry is required for a transaction/event, select "No journal entry required" In the first account fleid, Journal entry worksheet Videotech Corporation (VTC) purchated 12 units of a new satelite Toplink syatem from Tristar Communications for $30,000 each. The terme of each sale were 2/10, n/30. Kecoed the purchase en December 28, 2027. fipier fele delvia tefrak crevide. no December 28.2024, videotech Corporation (VTC) purchased 12 units of a new satelite upink system from Thistar Cortiouncanions. $30,000 each The lerms of each sale were 210,n30. VTC uses the gross method to account for purchase discounts and a eerpetual muentory system. VTC paid the net-of-discount amount on January 6.2025 Pepote the jourmal entnes on December 28 and Januafy 6 to record the purchase and poymtent Note: it no entry is required for o transection/event, select "No journal entry required" in the first account fleid. Journal entry worksheet Videotech Corporation (VTC) purchased 12 units of a new satellite uplink system from Tristar Communications for $30,000 each. The terms of each sale were, 2/10,n/20, Record the payment an-3anuary 6.2025. Netel Enter detits belore credit

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