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Sweet Co, uses the net method to account for cash discounts, On June 1,2020 , it made sales of $55,100 with terms 3/15,n/45. O June

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Sweet Co, uses the net method to account for cash discounts, On June 1,2020 , it made sales of $55,100 with terms 3/15,n/45. O June 12, 2020, Sweet received full payment for the June 1 sale. Prepare the required journal entries for Sweet Co. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem.)

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