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Question 2 View Policies Current Attempt in Progress Vaughn Co. uses the gross method to record sales made on credit. On July 1, 2020, it

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Question 2 View Policies Current Attempt in Progress Vaughn Co. uses the gross method to record sales made on credit. On July 1, 2020, it made sales of 60,000 with terms 2/10 1/30. On July 9, 2020, Vaughn received full payment for the July 1 sale. Prepare the required journal entries for Vaughn Co. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit List of Accounts

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