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What am I doing wrong? Exercise 5-3A Record credit sale and cash collection with a sales discount (LO5-1, 5-2) On March 12, Medical Waste Services
What am I doing wrong?
Exercise 5-3A Record credit sale and cash collection with a sales discount (LO5-1, 5-2) On March 12, Medical Waste Services provides services on account to Grace Hospital for $9,900, terms 4/10, n/30. Grace pays for those services on March 20. Required: For Medical Waste Services, record the service on account on March 12 and the collection of cash on March 20. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) X Answer is not complete. No Date General Journal Credit Debit 9.900 1 March 12 Accounts Receivable Service Revenue 9,900 2 March 31 Cash 9,504 X 396 Sales Discounts x Accounts Receivable x 9,900 XStep by Step Solution
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