On July 1, Ciano Corp. made a sale of $451,000 to Fernandez, Inc. on account. Terms of the sale were 2/10, n/30. Fernandez makes payment on July 29. Ciano uses most-likely-amount method and assumes that the customer will take the discount when accounting for sales discounts. Ignore cost of goods sold and the reduction of inventory. a. Prepare all Ciano's journal entries. b. What net sales does Ciano report? a. Prepare all Ciano's journal entries (Record debits first, then credits. Exclude explanations from any journal entries.) On July 1, Ciano Corp. made a sale of $451,000 to Fernandez, Inc. on account. Terms of the sale were 2/10, n/30. Account July 1 On July 29, Ciano records the payment by Fernandez. Account July 29 b. What net sales does Ciano report? Ciano reports net sales of $ Choose from any list or enter any number in the input fields and then continue to the next