3-a Prepare the journal entries to record the sale on November 17 (ignore cost of goods)...

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3-a Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2024, assuming that the NET method of accounting for cash discount is used. 3-b Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2024, assuming that the NET method of accounting or cash discount is used. Tracy Company, a manufacturer of air conditioning, sold 200 units to Thomas Company on November 17, 2024. The units have a list price of $520 each, but Thomas was given a 25% trade discount. The terms of the sale were 2/10, n/30. Req 3A Req 3B Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2024, assuming that the net method of accounting for cash discounts is used. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet 1 2 Record the sale of 200 units with a list price of $520, a 25% trade discount (if applicable), with terms of 2/10, n/30 under the net method. Note: Enter debits before credits. Date November 17, 2024 General Journal Debit Credit View general journal Record entry Clear entry Req 3A Req 3B Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2024, assuming that the net method of accounting for cash discounts is used. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet < 1 2 Record the cash collection on November 26. Note: Enter debits before credits. Date November 26, 2024 General Journal Debit Credit Record entry Clear entry View general journal > 3-a Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2024, assuming that the NET method of accounting for cash discount is used. 3-b Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2024, assuming that the NET method of accounting or cash discount is used. Tracy Company, a manufacturer of air conditioning, sold 200 units to Thomas Company on November 17, 2024. The units have a list price of $520 each, but Thomas was given a 25% trade discount. The terms of the sale were 2/10, n/30. Req 3A Req 3B Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2024, assuming that the net method of accounting for cash discounts is used. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet 1 2 Record the sale of 200 units with a list price of $520, a 25% trade discount (if applicable), with terms of 2/10, n/30 under the net method. Note: Enter debits before credits. Date November 17, 2024 General Journal Debit Credit View general journal Record entry Clear entry Req 3A Req 3B Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2024, assuming that the net method of accounting for cash discounts is used. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet < 1 2 Record the cash collection on November 26. Note: Enter debits before credits. Date November 26, 2024 General Journal Debit Credit Record entry Clear entry View general journal >