mber 29, 2020, Sabre Company sold merchandise for $2.000 on period ends December 31. Pored on a balance sheel as on Credit: Gross Method LO2 credit terms, 3/10, n/60. The account Required e the following entries under the gross method. . To record the 2020 sale. Omit the cost of good sold entry c. To record collection of the account, assuming collection took place on Ap To record collection of the account, assuming collection took place on Indicate what should be reported on the balance sheet and income sta assuming 1. Parts a and b occur. 2. Parts a and c occur. statement for both 2020 and 2021 nt Fxercise 8-36