Tracy Compary, a manufacturer of air condivoners, sold 120 unfts to Thomas Company on November 17, 2024. The units have a list price of $750 each, but Thomas was glven a 20% trade discount. The terms of the sale were 2/10, a/a0 Exercise 7-5 (Algo) Pert 3 3-a. Prepare the joumat entnes 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 joumal entnes 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. Prepare the journal entries to record the male on November 17 (ignore cont of goedv) and collection on November 26. 2024, assuming that the net method of accounting for cash diecounts is used. fioter if no entry is required for a transactionevent, select "No joumal entry required" in the first account field. Journal entry worksheet 2 Hecord the sale of 120 units with a dint grice of 5730, a 2046 trade diecount (if apalicable), wath teims of 2/10, n/lo under the net method. Complete this question by entering your answers in the tabs below. 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. Wptel Ifino entry is required foria transactionlevent, seloct No joural entry required" ih the first account field. Journal entry worksheet Jecard the cash collectian on November 26 . Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15,2024 , 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. Journal entry worksheet 2 Record the sale of 120 units with a list price of $750, a 20% trade discount (if applicable), with terms of 2/10,n/30 under the net method. Complete this question by entering your answers in the tabs below. 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, Wotet If ne entry is required for a transaction/erent, selpet No joumal nntry required in the first account field. Journal entry worksheet
