Exercise 5-4A Record credit sale and cash collection (LO5-1,5-2) 1.07 points On March 12. Medical Waste Services provides services on account to Grace Hospital for $11,000, terms 2/10, 1/30. 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.) eBook View transaction list Journal entry worksheet e az ol o Record the service revenue on account References Note: Enter debts before credits General Journal Debit Credit March 12 View general lournal Record entry Clear entry Save Check my w Exercise 5-4A Record credit sale and cash collection (LO5-1, 5-2) 107 points On March 12, Medical Waste Services provides services on account to Grace Hospital for $11.000, terms 20, IVO 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 ist Journal entry worksheet - ei az oo Record the cash received on account. March 31