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1 Required information [ The following information applies to the questions displayed below. ] Tracy Company, a manufacturer of air conditioners, sold 2 0 0

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[The following information applies to the questions displayed below.]
Tracy Company, a manufacturer of air conditioners, sold 200 units to Thomas Company on November 17,2024. The units have a list price of $660 each, but Thomas was given a 25% trade discount. The terms of the sale were 210,n30.
Required:
Prepare the journal entries to record the sale on November 17(ignore cost of goods) and collection on November 26,2024, assuming that the gross method of accounting for cash discounts is used.
Prepare the journal entries to record the sale on November 17(ignore cost of goods) and collection on December 15,2024, assuming that the gross method of accounting for cash discounts is used.
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Prepare the journal entries to record the sale on November 17(ignore cost of goods) and collection on November 26,2024, assuming that the gross method of accounting for cash discounts is used.
Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.
\table[[No,Date,General Journal,Debit,Credit],[1,November 17,202.,Accounts receivable,,],[,,Sales revenue,,],[,,,,],[2,November 26,202,Cash,0,],[,,Sales discounts,0,],[,,Accounts receivable,,]]
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