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M6-15 Journal Entries to Record Sales Discounts [LO 6-6] Inventory that cost $400 is sold for $800, with terms of 2/10, n/30. a. Prepare the

M6-15 Journal Entries to Record Sales Discounts [LO 6-6]

Inventory that cost $400 is sold for $800, with terms of 2/10, n/30.

a.	Prepare the journal entries to record the sale of merchandise. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

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