$1-$Feb Blake Inc. sold merchandise to Kramer Corp. for $$1,000$

Terms of the sale were $\frac{2}{10},\frac{n}{30}$

$6-$Feb Blake receives payment in full from Kramer.

A Prepare the journal entry for Arnold assuming the company uses the:

net method to account for sales discounts.

B Prepare the journal entry under #$2$ assuming that payment was not

received until March $3.$