Exercise 5-3 (Algo) Record credit sale and cash collection with a sales discount (LO5-1, 5-2)...
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Exercise 5-3 (Algo) 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 $10,100, terms 2/10, 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.) Journal entry worksheet For Medical Waste Services, record the services on account of $10,100 on March 12, with terms 2/10, N/30. Note Enter debits before tredits. Exercise 5-3 (Algo) 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 $10,100, terms 2/10, 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 . af no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet
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