Presented below is information from Waterway Computers Incorporated.

July 1 Sold $10,100 of computers to Wildhorse Company with terms 2/15, n/60. Waterway uses the gross method to record cash discounts.

10 Waterway received payment from Wildhorse for the full amount owed from the July 1 transaction.

17 Sold $123,500 in computers and peripherals to The Clark Store with terms of 2/10, n/30.

30 The Clark Store paid Waterway for its purchase of July 17.

Prepare the necessary journal entries for Waterway Computers. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.)