The O'Sheet Linen Company sold $30,000 of inventory to the Bogus Company for $50,000 on account on 3/1/18 Terms 3/10, n/30. Bogus took advantage of the discount for half of their liability and paid the reminder within the 30 day term. Assume they use the gross method. Record all journal entries. 7 A B IF T IEE Account Debit Credit