$($a$)$

Prepare journal entries on the Sunland Company books to record all the events noted above under each of the following bases.

$(1)$ Sales and receivables are entered at gross selling price.

$(2)$ Sales and receivables are entered at net of cash discounts.

$($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are

automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.

Record journal entries in the order presented in the problem.$)$

No$.$

Date

Account Titles and Explanation

Debit

Credit

$(1)$

Prepare journal entries on the Sunland Company books to record all the events noted above under each of the following bases.

$(1)$ Sales and receivables are entered at gross selling price.

$(2)$ Sales and receivables are entered at net of cash discounts:

$($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are

automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.

Record jourtal entries in the order presented in the problem.$)$

No$.$

Date

Account Titles and Explanation

Debit

Credit

$(1)$