1. Kristopher Company sold $40,500 of goods to Evan Company on credit on March 1, 2022. Terms were 3/10, n/30.

Required:

1. Prepare the journal entry on Kristophers books to record the sale.
2. Prepare the journal entries to record collection, if the customer paid on April 8, 2021.
3. Prepare the journal entry to record collection, if the customer paid on March 8, 2021. Show me the calculations, so I can understand.