Can you please help with part (C) and Requirement 2? And how you arrived at the answers? I'm not sure what I am doing wrong.

Requirement 2: Calculate the net sales revenue for the month.

I appreciate you, thank you. I will upvote.

Half of the sales on account were paid within the discount period; the other At Uptown Arts, gross sales for the month included: Sales on account (2/10, n/30) $350,000 Credit card sales (2% credit card fee) $250,000 Read the requirements. 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 (a) Accounts Receivable 350,000 Sales Revenue 350,000 Next, record the credit card sales. Journal Entry Date Credit (b) Accounts Cash Credit Card Discount Expense Debit 245,000 5,000 Sales Revenue 250,000 Requirements Now, record the cash payments on account received during the month. (Prepare a compound entry for all cash payments on account received during the month.) Journal Entry 1. Journalize the sales on account, the credit card sales, and the cash payments on account received during the month. 2. Calculate the net sales revenue for the month. Date Accounts Debit Credit (c) Cash 245000 Accounts Receivable 5000 250000 Print Done