(Solved): Required information [The following information applies to the questions displayed below.] Comfort ...

Required information [The following information applies to the questions displayed below.] Comfort Company purchased 190 units of inventory on November 17, 2024. The units have a list price of $\$300$ each, but Comfort was given a $20\%$ trade discount. The terms of the sale were $3/10,n/30$. Comfort uses a perpetual inventory system. Prepare the journal entries to record the (a) purchase by Comfort on November 17 and payment on November 26, 2024, and (b) ecember 15, 2024 using the net method of accounting for purchase discounts. Prepare the journal entries to record the (a) purchase by Comfort on November 17 and payment on November 26, 2024, and ecember 15, 2024 using the net method of accounting for purchase discounts. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the journal entries to record the (a) purchase by Comfort on November 17 and (b) payment on November 26, 2024. Comfort uses the net method of accounting for purchase discounts. 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 December 15, 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field