Required information (The following information applies to the questions displayed below) Trocy Company, a manufacturer of air conditioners, sold 100 units to Thomas Company on November 17, 2024. The units have a list price or $750 each, but Thomas was given a 20% trade discount. The terms of the sale were 3/10, 1/30. equired: 1. Prepore 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 cosh discounts is used. 2. Prepare the journal entries ta 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. Complete this question by entering your answers in the tabs below. Prepare the journal entries to record the sale on November 17 (gnore cost of goods) and collection on November 26, 2024, assurning that the gross method of occounting for cash discounts is uspd. Notesiff ho entry is required for a transatction/ovent; select No journal entry required" in the first occount field