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On December 29 of the current year, Sabre Company sold merchandise for $2.000 on credit terms,3/10, n/60. its accounting pericd ends becember a1 Required Provide

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On December 29 of the current year, Sabre Company sold merchandise for $2.000 on credit terms,3/10, n/60. its accounting pericd ends becember a1 Required Provide the following entries under the net method. a. To record the merchandise sale. Omit the cost of goods sold entryi. b. To record collection of the account, assuming collection took place on january 5 of next year. c. Ta record collection of the account, assuming collection took place on February 15 of next year, - Note: if a line in a journal entry isn't required for a transaction, select tN/A" as the account name and leave the DE, or Cr, answer hlank treroj. natist year assumings 1. Parts a and b accur. 2. Parts a and c occur. - Note: indicate a contra account balance with a negative sishi

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