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10 0.66 points Merchandise costing $2,800 is sold for $4,600 on terms 2/30, n/60. The customer pays within the discount period. Prepare the journal

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10 0.66 points Merchandise costing $2,800 is sold for $4,600 on terms 2/30, n/60. The customer pays within the discount period. Prepare the journal entries needed at (a) time of sale and (b) collection of payment from the customer, assuming the company uses a perpetual inventory system with the net method of recording sales discounts. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) eBook Print References View transaction list Journal entry worksheet Mc Graw 1 2 3 Record the $4,600 sale of goods on terms 2/30, n/60 using the net method. Note: Enter debits before credits Transaction. General Journal Debit Credit Drau

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