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Exercise 5-4A Record credit sale and cash collection (LO5-1, 5-2) On March 12, Medical Waste Services provides services on account to Grace Hospital for $10,400,

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Exercise 5-4A Record credit sale and cash collection (LO5-1, 5-2) On March 12, Medical Waste Services provides services on account to Grace Hospital for $10,400, terms 2/10,n/30. Grace does not pay for services until March 31, missing the 2% sales discount Required: For Medical Waste Services, record the service on account on March 12 and the collection of cash on March 31. (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

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