Question: Presented below is information from Quezada Computers Incorporated. July 1 Sold $10,000 of computers to Robertson Company with terms 2/15, n/60. Quezada uses the gross

Presented below is information from Quezada Computers Incorporated. July 1 Sold $10,000 of computers to Robertson Company with terms 2/15, n/60. Quezada uses the gross method to record cash discounts.

10 Quezada received payment from Robertson for the full amount owed from the July 1 transaction.

17 Sold $100,000 in computers and peripherals to The Clark Store with terms of 2/10, n/30.

30 The Clark Store paid Quezada for its purchase of July 17.

Instructions:

Prepare the necessary journal entries for Quezada Computers

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