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On March 12, Medical Waste Services provides services on account to Grace Hospital for $10,500, terms 4/10, n/30. Grace does not pay for services until

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On March 12, Medical Waste Services provides services on account to Grace Hospital for $10,500, terms 4/10, n/30. Grace does not pay for services until March 31 , missing the 4% 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 $10,500 on March 12, with terms 4/10,n/30. Notei Enter debits before credis. On March 12. Medical Waste Services provides services on account to Grace Hospital for $10,500, terms 4/10, n/30. Grace does not pay for services until March 31 , missing the 4% 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 Record the collection of cash on March 31. Notet Enter debits before cred-ts

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