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On May 12, 2018, Falwell Computing sold five computers to Computing Plus for $10,300, subject to terms 3/10, /30. Falwell uses the net method of

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On May 12, 2018, Falwell Computing sold five computers to Computing Plus for $10,300, subject to terms 3/10, /30. Falwell uses the net method of accounting for sales discounts. Required: 1. Prepare the journal entry to record the sale. 2 & 3. Prepare the journal entries to record receipt of the payment, assuming the correct amount was received on May 20, 2018 and June 5, 2018 02:56:00 Complete this question by entering your answers in the tabs below. Rea 1 Reg 2 and 3 Prepare the journal entry to record the sale. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction in Journal entry worksheet Record the sale

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