Record credit sale and cash collection with a sales discount (QL05-1, 5-2) E5-3 On March 12, Medical Waste Services provides services on account to Grace Hospital for $11,000, terms 2/10, 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. Record credit sale and cash collection (L05-1, 5-2) Flip Side of E5-5 E5-4 Refer to the information in E5-3, but now assume that Grace does not pay for services until March 31, missing the 2% sales discount. Required: For Medical Waste Services, record the service on account on March 12 and the collection of cash on March 31. Record credit purchase and cash payment (L05-1, 5-2) Flip Side of E5-4