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Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not ing Tracy Company,

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Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not ing Tracy Company, a manufacturer of air conditioners, sold 140 units to Thomas Company on November 17, 2021. The units have a list price of $500 each, but Thomas was given a 20% trade discount. The terms of the sale were 3/10.n/30. 3-a. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2021 assuming that the net method of accounting for cash discounts is used 3-b. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2021. assuming that the net method of accounting for cash discounts is used. Answer is not complete. complete this question by entering your answers in the tabs below. Reg 3A Req 3B Prepare the journal entries to record the sale on November 17 ignore cost of goods) and collection on November 26, 2021, assuming that the net method of accounting for cash discounts is used. (If no entry is required for a transaction event, select Mo Journal entry required in the first account field.) No Date General Journal Debit Credit November 17 202 Accounts receivable Sales revenue November 26, 202 Cash Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does noti Tracy Company, a manufacturer of air conditioners, sold 140 units to Thomas Company on November 17, 2021. The units have a list price of $500 each, but Thomas was given a 20% trade discount. The terms of the sale were 3/10,n/30. 3-a. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2021. assuming that the net method of accounting for cash discounts is used 3-b. Prepare the journal entries to record the sale on November 17 [ignore cost of goods) and collection on December 15, 2021, assuming that the net method of accounting for cash discounts is used. Answer is not complete. Complete this question by entering your answers in the tabs below. Reg 3A Reg 3B Prepare the journal entries to record the sale on November 17 lgnore cost of goods and collection on December 15, 2023 assuming that the net method of accounting for cash discounts is used. T no entry is required for a transaction/event, select No journal entry required in the first account field.) NO General Journal Date November 17 202 Accounts receivable Debit Credit Sales revenue 000 Accounts receivable napter Saved Required information (The following information applies to the questions displayed below) Tracy Company, a manufacturer of air conditioners, sold 140 units to Thomas Company on November 17, 2021 The units have a list price of $500 each, but Thomas was given a 20% trade discount. The terms of the sale were 3/10./30. 3-a. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2021, assuming that the net method of accounting for cash discounts is used. 3-b. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2021 assuming that the net method of accounting for cash discounts is used. Complete this question by entering your answers in the tabs below. ReQ 3A Reg 3B Prepare the journal entries to record the sale on November 17 ignore cost of goods and collection on December 15, 202, assuming that the net method of accounting for cash discounts is used. Cur no entity required for a transaction events fomaten required in the first account field) View journal entry worksheet General Journal Dobit C redit NO Date November 17 2021 Accounts receivable Sales revenue

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