On March 12, Medical Waste Services provides services on account to Grace Hospital for $10,300, terms 3/10, n/30. Grace pays for those services on March 20.

Required:

For Medical Waste Services, record the service on account on March 12 and the collection of cash on March 20. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

1 Answer is not complete. No Date General Journal Debit Credit March 12 Accounts Receivable 10,300 Service Revenue 10,300 2 March 20 Cash Sales Discounts Accounts Receivable 10,300