Question: please help. will thumbs up if correct. Required information [The following information applies to the questions displayed below] On July 15, 2024, the Niche Car

please help. will thumbs up if correct.  please help. will thumbs up if correct. Required information [The following
information applies to the questions displayed below] On July 15, 2024, the
Niche Car Company purchased 2,700 tires from the Treadwell Company for $30

Required information [The following information applies to the questions displayed below] On July 15, 2024, the Niche Car Company purchased 2,700 tires from the Treadwell Company for $30 each. The terms of the sale were 3/10,n/30. Niche uses a perpetual inventory system and the gross 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the journal entries to record the purchase on July 15 and payment on July 23, 2024. Notes if no entry is required for a transaction/event, select "No journal entry required" in the first account feld 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. Complete this question by entering your answers in the tabs below. Prepare the journal entry for the payment, assuming instead that it was made on August 15, 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first ac

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