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Hanvell Company manufoctures automobile tires. On July 15, 2024, the company sold 1,900 tires to the Nixon Car Company for $45 each. The terms of

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Hanvell Company manufoctures automobile tires. On July 15, 2024, the company sold 1,900 tires to the Nixon Car Company for $45 each. The terms of the sale were 3nt,n/30. Hanvell uses the gross method of accounting for cash discounts. Required: 1. Prepare the joumal entries to record the sale on July 15 (ignore cost of goods) and collection on July 23,2024. 2. Prepore the joumal entries to record the sale on July 15 (ignore cost of goods) and collection on August 15, 2024. Complete this question by entering your answers in the tabs below. Prepare the journal entries to record the sale on Joly 15 (ignore cost of goods) and collection on July 23, 2024. Notes if no entry is required for a trantaction/event, select "No journal entry required" in the first account field. Jourmal entry worksheet Precord the wale of 1.900 tires for 545 each wath a term of 3/10, a/30 under the orens methed of accounting for cash discounts. Journal entry worksheet

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