a SakaigURI : Gateway: We x M Inbox (21,860) - ryangwaltx X Stockx: Buy and Sell SnesConnect ?Sakai@UR : 2186-Bus30. ,' n De Date: x Secure https:/ html This window shows your responses and what was marked correct and incorrect from your previous attempt Irace ancd cash discounts; tine gross metnoa and the net methoa comparea uors K Back Exercise Tracy Company, a manufacturer of alr conditioners, sold 200 units to Thomas Company on November 17, 2018. The units have a list price of $650 each, but Thomas was given a 30% trade discount. The terms of the sale were 310, n 30. Required: 1. Prepare the journal entries to record the sale on November 17 ignore cost of goods) and collection on November 26,2018, assuming that the gross method of accounting for cash discounts is used. 2. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 201s assuming that the gross method of accounting for cash discounts Is used 3-a. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2018, assuming that the net method of accounting for cash discounts is used. 3-b. Prep assuming that the net method of accounting for cash discounts is used. 5.16/6 points awarded are the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2018, Complete this question by entering your answers in the tabs below. Req 1 Req 2 Req 3A Req 3B Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2018 assuming that the net method of accounting discounts i No journal entry required" in the first account fleld.) g for cash discounts is used. (If no entry is required for a transaction/event, select No 17Accounts receivable Sales discounts 68270 2730 2018 Sales revenue 91,000 November 26 Cash 88,2700 2018 Accounts receivable 88,270 KReq 2 Req 38 > no response was expected in ? ce?? ar a fermula-based calculation is incorrect; no ponts deducted G Search or type URL 3 4