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Webber Co . uses the gross method to record sales made on credit. On June 1 , 2 0 5 , it made sales of

Webber Co. uses the gross method to record sales made on credit. On June 1,205, it made sales of $59,000 with terms 415,n45. On June 12,20x5, full payment for the June 1 sale was received. The journal entry to record the sale would include a
debit to sales discounts of $2,360
credit to sales revenue of $56,640
debit to accounts receivable of $56,640
credit to sales revenue of $59,000
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