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Required information [The following information applies to the questions displayed below.] On July 15, 2024, the Niche Car Company purchased 1,300 tires from the Treadwell Company for \$60 each. The terms of the sale were 4/10,n/30. Niche 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 23,2024 . 2. Prepare the journal entry for the payment, assuming instead that it was made on August 15, 2024. Complete this question by entering your answers in the tabs below. Required 1 Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field