11:24 AM For this question, do not worry about computing or recording the cost of the goods sold. It will just be ignored. Record the effect on the accounting equation of the two following transactions using the GROSS method for recording sales discounts. [You must in any unused answer blocks in with ros) Record any revenues or expenses directly into Retained Earnings 1. The Dudley Company makes a sale on June 3 for 555300 with the terms 1/15/60 2. The Dudley Company receives the payment in Mion June 14 for the items sold above Asses Liabilities Equity Cash Accounts Receivate Accounts Payable Contributed Capital Retained Emine 1. 2 3. What is the Net sales reported on the income statement for these transactiona? CHECK