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Record service revenue on account and cash recieved on account. Exercise 5-4A Recora credit sale ana casn collection (LUS-1, 5-4) On March 12, Medical Waste

Record service revenue on account and cash recieved on account. image text in transcribed
Exercise 5-4A Recora credit sale ana casn collection (LUS-1, 5-4) On March 12, Medical Waste Services provides services on account to Grace Hospital for $10,100, terms 2/10, 1/30. 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. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction that Journal entry worksheet

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