Refer to the information in E5–3, but now assume that Grace does not pay for services until March 31, missing the 2% sales discount.
In E5–3, On March 12, Medical Waste Services provides services on account to Grace Hospital for $11,000, 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 31.