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