On March $12,$ Medical Waste Services provides services on account to Grace Hospital for $$10,400,$ terms $\frac{2}{10},$ n$/30.$ Grace does not

pay for services until March $31,$ missing the $2\%$ sales discount.

Required:

For Medical Waste Services, record the service on account on March $12$ and the collection of cash on March $31.($If no entry is required

for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$2$

For Medical Waste Services, record the service on account of $$10,400$ on

March $12,$ with terms $2/10,$ n$/30.$

Note: Enter debits before credits.