CH Tracy Company, a manufacturer of alr conditioners, sold 200 units to Thomas Company on November 17,2021. The units have a list price of $450 each, but Thomas was given a 30% trade discount. The terms of the sale were 3/10, 1/30. 12 Exercise 7-5 (Algo) Part-1 Required: 1. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2021, 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, 2021, assuming that the gross method of accounting for cash discounts is used. 2:10:16 Complete this question by entering your answers in the tabs below. BOOK Reg 1 Reg 2 Hint Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2021, assuming that the gross method of accounting for cash discounts is used. (ir no entry is required for a transaction/event, select "No journal entry required in the first account Red.) Print View transaction list ferences Journal entry worksheet 2 Record the sale of 200 units with a list price of $450, a 30% trade discount (if applicable), with terms of 3/10, 1/30 under the gross method