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resented below is information from Marin Computers. July 1 Sold R$20,400 of computers to Smallwood Company with terms 3/15,n/60. Marin uses the gross method to
resented below is information from Marin Computers. July 1 Sold R$20,400 of computers to Smallwood Company with terms 3/15,n/60. Marin uses the gross method to record cash discounts. 10 Marin received payment from Smallwood for the full amount owed from the July transactions. 17 Sold R$204,000 in computers and peripherals to The Hernandez Store with terms of 2/10,n/30. 30 The Hernandez Store paid Marin for its purchase of July 17. repare the necessary journal entries for Marin Computers. (If no entry is required, select "No Entry" for the account titles and nter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent lanually.) Sales Revenue 20400 July 1 Cash Sales Discounts Accounts Receivable July 17 Accounts Receivable 204000 Sales Revenue July 30 Cash 204000 Accounts Receivable
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