and account Receivables Help Save & Exit Submit Check my work 3 12.02 Required information The following information applies to the questions displayed below.) Tracy Company, a manufacturer of air conditioners, sold 200 units to Thomas Company on November 17, 2021 The units have a list price of $550 each, but Thomas was given a 25% trade discount. The terms of the sale were 2/10, 1/30. 3-a. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on November 26, 2021 assuming that the net method of accounting for cash discounts is used 3-b. Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2021 assuming that the net method of accounting for cash discounts is used. BOOK int Complete this question by entering your answers in the tabs below. Tint Req 3A Reg 38 inces Prepare the journal entries to record the sale on November 17 (ignore cost of goods) and collection on December 15, 2021, assuming that the net method of accounting for cash discounts is used. (tr no entry is required for a transaction/event, select "No journal entry required in the first account held.) View transaction lit Journal entry worksheet Record the sale of 200 units with a list price of $550, a 25% trade discount (if applicable), with terms of 2/10. n/30 under the net method.