Med Labs has the following December 31, 2017 year-end unadjusted balances. Allowance for Sales Discounts, $0; and Accounts Receivable, $5,000. Or the $5,000 of receivables, $1.000 are within a 2% discount period, meaning that it expects buyers to take $20 In future period discounts arising from this period's sales. a. Prepare the December 31, 2017 year-end adjusting journal entry for future sales discounts. b. Assume the same facts above and that there is a $5 year-end unadjusted credit balance in the Allowance for Sales Discounts. Prepare the December 31, 2017 year-end adjusting Journal entry for future sales discounts, View transaction list Journal entry worksheet > 1 2 Record the adjusting Journal entry for future sales discounts Nu er det before credits General Journal Debit Crede Date Dec 31 Proy 11 of 14 Next > Journal entry worksheet