M6-7 (Algo) (Chapter Supplement) Recording Sales Discounts A sale is made for $7500, terms are 3/10.30 1-. Prepare the required journal entry to record the sale 1-b. Prepare the collection entry, assuming that collection is made during the discount period Complete this question by entering your answers in the tabs below. RIA Reg 18 Prepare the required journal entry to record the sale (Fentyr in the first account field.) red for a transaction event t o your entre View ansactions Journal entry worksheet Record the sale under the gross method of recording sales discounts Notenter debits before credits Transaction General Journal Debil Credi Record entry w general Journal