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Presented below is information from Blue Computers Incorporated. July 1 Sold $18.000 of computers to Robertson Company with terms 3/15,n/60. Blue uses the gross method

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Presented below is information from Blue Computers Incorporated. July 1 Sold $18.000 of computers to Robertson Company with terms 3/15,n/60. Blue uses the gross method to record cash discounts. Blue estimates allowances of $1.170 will be honored on these sales. 10 Blue received payment from Robertson for the full amount owed from the July transactions. 17 Sold $180,000 in computers and peripherals to The Clark Store with terms of 2/10,n/30. 30 The Clark Store paid Blue for its purchase of July 17. Prepare the necessary journal entries for Blue Computers. (It no entry is required, select "No Entry" for the account titles and enter O for the amounts, Credit account titles are automatically indented when the amount is entered, Do not indent manually.)

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