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Tracy Company, a manufacturer of air conditioners, sold $150$ units to Thomas Company on November $17,$

The units have a list price of $$640$ each, but Thomas was given a $25\%$ trade discount. The terms of

the sale were $\frac{2}{10},\frac{n}{30}.$

Required:

Prepare the journal entries to record the sale on November $17($ignore cost of goods$)$ and collection on November $26,$

$2024,$ assuming that the gross method of accounting for cash discounts is used.

Prepare the journal entries to record the sale on November $17($ignore cost of goods$)$ and collection on December $15,$

$2024,$ assuming that the gross method of accounting for cash discounts is used.

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Prepare the journal entries to record the sale on November $17($ignore cost of goods$)$ and collection on November $26,2024,$

assuming that the gross method of accounting for cash discounts is used.

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.