Exercise 5-3B Record credit sale and cash collection with a sales discount (LO5-1, 5-2) On March 12, a company provides services on account to Grace Hospital for $10,400, terms 2/10, n/30. Grace pays for those services on March 20. Required: For the company, 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.) View transaction list Journal entry worksheet 1 2 Record the service revenue on account. Note: Enter debits before credits. Date March 12 General Journal Debit Credit Record entry Clear entry View general journal