Check my work Required information Tracy Company, a manufacturer of air conditioners, sold 150 units to Thomas Company on November 17, 2018. The units have a list price of $560 each, but Thomas was given a 25% trade discount. The terms of the sale were 210, n/30. Part 1 of 2 6 points 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, 2018, assuming that the gross method of accounting for cash discounts is used eBook Hint Print References Complete this question by entering your answers in the tabs below Check my work 8 Required information Req 1 Req 2 Part 1 of 2 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. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) points View transaction list eBook Journal entry worksheet Hint Print Record the sale of 150 units with a list price of $560, a 25% trade discount (if applicable), with terms of 2/10, n/30 under the gross methood Note: Enter debits before credits. Date General Journal Debit Credit November 17, 2018 my work 8 0 Required information Req 1 Req 2 Part 1 of 2 Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2018, assuming that the gross method of accounting for cash discounts is used. (If no entry is required for a transaction/event, select "No journal entry required" In the first account fleld.) 6 points Vlew transaction lilst eBook Journal entry worksheet Hint Print References Record the cash collection on December 15. Note: Enter debits before credits Date General Journal Debit Credit December 15, 2018 8 Required information Req 1 Req 2 Part 1 of 2 Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2018, assuming that the gross method of accounting for cash discounts is used. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 6 points View transaction list eBook Journal entry worksheet Hint Print Record the sale of 150 units with a list price of $560, a 25% trade discount (if applicable), with terms of 2/10, n/30 under the gross method Note: Enter debits before credits. Date General Journal Debit Credit November 17, 2018 Mc Graw Hill Prev. 890f9 Next > Check my work 8 Required information Req 1 Req 2 Part 1 of 2 Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2018, assuming that the gross method of accounting for cash discounts is used. (If no entry Is required for a transactlon/event, select "No journal entry required" in the first account field.) 6 points View transaction list eBook Journal entry worksheet Hint Print 2 References Record the cash collection on December 15 Note: Enter debits before credits. Date General Journal Debit Credit December 15, 2018