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need help with both requirements Harwell Company manufactures automobile tires, on July 15, 2018, the company sold 1,300 tires to the Nixon Car Company for
need help with both requirements
Harwell Company manufactures automobile tires, on July 15, 2018, the company sold 1,300 tires to the Nixon Car Company for sao each. The terms of the sale were 3/10,6/30 Harwell uses the net method of accounting for cash discounts Required: 1. Prepare the joumal entries to record the sale on July 15 (ignore cost of goods) and payment on July 23, 2018 2. Prepare the journal entries to record the sale on July 15 (ignore cost of goods) and payment on August 15, 2018 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entries to record the sale on July 15 (ignore cost of goods) and payment on July 23, 2018. (1 no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transactions list Journal entry worksheet Record the sale of 1,300 tires for $80 each with a term of 3/10, 1/30 under the net method of accounting for cash discounts. Note: Enter debits before credits Date General Journal Debit Credit July 15, 2018 Record entry Clear entry View general journal Required 2 > Step by Step Solution
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