A company manufactures automobile tires. On July $15,2023$ the company sold $1,000$ tires to the Grand car company for $$50$ each. The terms of the sale were $2/10,$ n$/30.$

$1.$ What amount of sales revenue is recorded on July $15$ if the company uses the gross method to account for the cash discount?

$2.$ What amount of sales revenue is recorded on July $15$ if the company uses the net method to account for the cash discount?

$3.$ What amount of Accounts Receivable is recorded on July $15$ if the company uses the gross method to account for the cash discount?

$4.$ What amount of Accounts Receivable is recorded on July $15$ if the company uses the net method to account for the cash discount?

$5.$ What amount will Grand pay if the account is settled on July $23?$

$6.$ If the company is using the net method, and the customer settles the account on July $23,$ what will be the amount debited to the sales discount account?

$7.$ If the company is using the gross method, and the customer settles the account on July $23,$ what will be the amount debited to the sales discount account?

$8.$ If the company is using the net method, and the customer settles the account on August $15,$ what will be the amount credited to the sales discount lost $($or forfeited$)$ account?

$9.$ If the company is using the gross method, and the customer settles the account on August $15,$ what will be the amount credited to the sales discount lost $($or forfeited$)$ account?

$10.$ What is the classification of the sales discount not taken $($or forfeited$)$ account?