Exercise 5-3A 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 $10,800, terms 4/10, 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 particular transaction/event, select "No Journal Entry Required" in the first account field.) Answer is not complete. No General Journal Credit Date March 12 Debit 10,800 1 Accounts Receivable Service Revenue 10,800 March 20 Cash 10,368 Sales Discounts Accounts Receivable 432 X 10,800