2. At Mystery Arts. gross sales for the month included: Half of the sales on account were paid within the discount period; the other accounts were paid in full by the end of the month. Sales on account (4/10, n/30) $200.000 Read the requirements"- Credit card sales (4% credit card fee) $170.000 Requirement 1. Journalize the sales on account, the credit card sales. and the cash payments on account received during the month. (Use the gross method to record the sales transactions. Record debits first, then credits. Exclude explanations from any journal entries.) First, record the sales on account. Journal Entry Date Accounts Debit Credit (1) Next, record the credit card sales. Journal Entry Date Account Debit Credit (b ) (5) Now, record the cash payments on account received during the month. (Prepare a compound entry for all cash payme eived during the month.) Journal Entry Date Accounts Debit Credit (0 ) [(@) (10) (12) Requirement 2. Calculate the net sales revenue for the month. The net sales revenue for the month is : Requirements Journalize the sales on account, the credit card sales, and the cash payments on account received during the month. Calculate the net sales revenue for the month. (1) O O Cash O Uncollectible-Account Expense (2) O O Cash O Uncollectible-Account Expense (3) O O Cash O Uncollectible-Account Expense O Accounts Payable O Credit Card Discount Expense O Accounts Payable O Credit Card Discount Expense O Accounts Payable O Credit Card Discount Expense O Accounts Receivable O Sales Discounts O Accounts Receivable Sales Discounts O Accounts Receivable O Sales Discounts O Allowance for Uncollectible Accounts O Sales Revenue O Allowance for Uncollectible Accounts O Sales Revenue O Allowance for Uncollectible Accounts O Sales Revenue (4) O O Cash O Uncollectible-Account Expense (5) O O Cash O Uncollectible-Account Expense (6) O O Cash O Uncollectible-Account Expense O Accounts Payable O Credit Card Discount Expense O Accounts Payable O Credit Card Discount Expense O Accounts Payable O Credit Card Discount Expense O Accounts Receivable O Sales Discounts O Accounts Receivable O Sales Discounts O Accounts Receivable O Sales Discounts O Allowance for Uncollectible Accounts O Sales Revenue O Allowance for Uncollectible Accounts O Sales Revenue O Allowance for Uncollectible Accounts O Sales Revenue (7) O O Cash O Uncollectible-Account Expense (8) O O Cash O Uncollectible-Account Expense (9) O O Cash O Uncollectible-Account Expense O Accounts Payable O Credit Card Discount Expense O Accounts Payable Credit Card Discount Expense O Accounts Payable O Credit Card Discount Expense O Accounts Receivable O Sales Discounts O Accounts Receivable Sales Discounts O Accounts Receivable O Sales Discounts Allowance for Uncollectible Accounts O Sales Revenue O Allowance for Uncollectible Accounts O Sales Revenue O Allowance for Uncollectible Accounts O Sales Revenue (10) O O Cash O Uncollectible-Account Expense (11) O O Cash O Uncollectible-Account Expense (12) O O Cash O Uncollectible-Account Expense O Accounts Payable O Credit Card Discount Expense O Accounts Payable O Credit Card Discount Expense O Accounts Payable O Credit Card Discount Expense O Accounts Receivable O Sales Discounts Accounts Receivable O Sales Discounts O Accounts Receivable O Sales Discounts Allowance for Uncollectible Accounts O Sales Revenue Allowance for Uncollectible Accounts O Sales Revenue Allowance for Uncollectible Accounts O Sales Revenue