Beetles Geophysics issues an invoice to Yukon Goldmines for $$300,000$ on August $5,2023.$ The invoice states the payment terms to be $2/10$ net $45.$ Yukon pays the invoice on August $14,2023.$

Required:

How should Beetles record the invoice and its subsequent collection if it uses $($a$)$ the gross method or $($b$)$ the net method?