Question 2 Wiew Policies Current Attempt in Progress Onnea Windsor Company sold to Chester Company merchandise having a sale price of 55,600 with terms of 3/10./60. to shipping point. An invoice totaling 595, terms 130, was received by Chester on June B from John Booth Transport Service for the freight cost. On June 12, the company received a check for the balance due from Chester Comary Prepare journal entries on the Windsor Company books to record all the events noted above under each of the following bases (1) Sales and receivables are entered at gross selling price. (2) Sales and receivables are entered at net of cash discounts Of no entry is required, select "No Entry for the account titles and enter when the amount is entered. Do not indent manually for the amounts. Credit account titles are automatically indented No. Date Account Titles and Explanation Debit Credit June 12 eTextbook and Media List of Accounts Prepare the journal entry under basis 2 assuming that Chester Company did not remit payment until July 29. Of no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent ly Date Account Titles and Explanation Debit Credit Question 2 Wiew Policies Current Attempt in Progress Onnea Windsor Company sold to Chester Company merchandise having a sale price of 55,600 with terms of 3/10./60. to shipping point. An invoice totaling 595, terms 130, was received by Chester on June B from John Booth Transport Service for the freight cost. On June 12, the company received a check for the balance due from Chester Comary Prepare journal entries on the Windsor Company books to record all the events noted above under each of the following bases (1) Sales and receivables are entered at gross selling price. (2) Sales and receivables are entered at net of cash discounts Of no entry is required, select "No Entry for the account titles and enter when the amount is entered. Do not indent manually for the amounts. Credit account titles are automatically indented No. Date Account Titles and Explanation Debit Credit June 12 eTextbook and Media List of Accounts Prepare the journal entry under basis 2 assuming that Chester Company did not remit payment until July 29. Of no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent ly Date Account Titles and Explanation Debit Credit