Exercise 5-3 Record credit sale and cash collection with a sales discount (LO5-1, 5-2) On March 12, Medical Waste Services provides services on account to Grace Hospital for $11,000, terms 2/10, n/30. Grace pays for those services on March 20 Required: For Medical Waste Services, record the service on account on March 12 and the collection of cash on March 20. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 Record the cash received on account. Note: Enter debits before credits. Date General Journal Debit Credit March 20