Question $8$:

On March $12,$ Medical Waste Services provides services on account to Grace Hospital for $$9,800,$ terms $\frac{3}{10},\frac{n}{30}.$ Grace pays for those services on March $20.$

Required:

For Medical Waste Services, record the service on account on March $12$ and the collection of cash on March $20.($If no entry is required for a particular transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$1$

$2$

For Medical Waste Services, record the services on account of $$9,800$ on March $12,$ with terms $\frac{3}{10},\frac{n}{30}.$

Note: Enter debits before credits,

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$March $12,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$

Journal entry worksheet

$1$

$2$

Record the collection of cash on March $20.$

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$March $20,,,],[,,,],[,,,],[,,,],[,,,]]$