Metlock Co$.$ uses the net method to account for cash discounts. On June $1,2025,$ it made sales of $$53,200$ with terms $\frac{3}{15},\frac{n}{45}.$ On

June $12,2025,$ Metlock received full payment for the June $1$ sale.

Prepare the required journal entries for Metlock Co$.($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the

amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before

credit entries. Record journal entries in the order presented in the problem.$)$

Date

Account Titles and Explanation

Accounts Receivable

Sales Revenue

Sales Discounts

Debit

Credit