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2. Prepare the journal entries to record the sale on November 17 (gnore cost of and collection on December 15, 2016, assuming that the gross

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2. Prepare the journal entries to record the sale on November 17 (gnore cost of and collection on December 15, 2016, assuming that the gross method of accounting for cash discounts is used. (If no entry Is required for a transaction/event, select "No ournal entry required In the first account fleld.) View transaction list Journal entry worksheet Record the sale of 120 units with a list price of $750, a 20% trade discount (if applicable), with terms of 2/10, n/30 under the gross method. Note: Enter debits before credits General Journal Debit Credit November 17, 2016 Prev 1 of 4 Next MacBook Air 20 2 3 4 6 2. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2016, assuming that the gross method of accounting for cash discounts is used. (If no entry is required for a transaction/event, select "No Journal entry required In the first account fleld.) View transaction list ournal entry worksheet Record the cash collection on December 15. Note: Enter debits before credits Debit Credit December 15, 2016 Prev 101 4H Next > MacBook Air 2 3 4 6

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