On June 3, Marvin Company sold to Charter Company merchadise having a sale price of $3,100 with terms of 3/10, n/60, f.o.b.shipping point. An invoice totaling $99, terms n/30, was recieved by Charter on June 8 from John Ben Transportation Service for the freight cost. On June 12, the company received a check for the balance due from Charter Company.

Prepare journal entries on the Marvin Company books to record all the events noted above under each of the following bases.

(1) Sales and receivables are entered in gross selling price

(2) Sales and receivables are entered at net of cash discounts

(If no entry is required, select "no entry" for the account titles and enter 0 for the amounts)

*Please have organized journal formatting and explain each step clearly. If it is handwritten, please make sure the writing is legible and the formatting if right. Thank you