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On March 12, Medical Waste Services provides services on account to Grace Hospital for $10,300, terms 3/10,n/30. Grace does not pay for services until March

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On March 12, Medical Waste Services provides services on account to Grace Hospital for $10,300, terms 3/10,n/30. Grace does not pay for services until March 31, missing the 3% 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.) View transaction list View journal entry worksheet No Date General Journal Debit Credit 1 5 March 12 10,300 Accounts Receivable Service Revenue 10,300 March 31 No Transaction Recorded

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