explain

TB EX Qu. 5-196 A company offers... A company offers a 25% trade discount when providing services of $5,000 or more to its customers. Record the transaction when the company provides services of $5,300 (not including the trade discount) on account. (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 Record the service revenue on account. Note: Enter debits before credits Event General Journal Debit Credit 1 Record entry Clear entry View general Journal