Required information (The following information applies to the questions displayed below.] Tracy Company, a manufacturer of air conditioners, sold 150 units to Thomas Company on November 17, 2024. The units have a list price of $760 each, but Thomas was given a 25% trade discount. The terms of the sale were 2/10, n/30. 3-a. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2024, assuming that the net method of accounting for cash discounts is used. 3-b. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2024, assuming that the net method of accounting for cash discounts is used. Complete this question by entering your answers in the tabs below. Req 3A Req 38 Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2024, assumir that the net 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. View transaction list Required Note: It no entry is required for a transaction/event, select "No journal entry required in the first account field. View transaction list Journal entry worksheet 1 2 Record the sale of 150 units with a list price of $760, a 25% trade discount (if applicable), with terms of 2/10, n/30 under the net method. Note: Enter debits before credits. Date General Journal Debit Credit 114,000 114,000 November 17, 2024 Accounts receivable Sales revenue Record entry Clear entry View general journal Required information Note: If no entry is required for a transaction/event, select "No journal entry required in the first accou View transaction list Journal entry worksheet > 2 Record the cash collection on November 26. Note: Enter debits before credits. Date November 26, 2024 3 General Journal Debit Credit Record entry Clear entry DII 74 < Prev www of 6 View general journal Next > PrtScn Home End