(Appendix 5A) Sales Discounts Ramsden Inc. provided consulting services with a gross price of $44,000 and terms of 2/10, n/30. Required: 1. Prepare the necessary journal entries to record the sale under the gross method. If an amount box does not require an entry, leave it blank. (Record sale) 2. Prepare the necessary journal entries to record collection of the receivable, assuming the customer pays within 10 days. If an amount box does not require an entry, leave it blank. (Record collection within discount period) 3. Prepare the necessary journal entries to record collection of the receivable, assuming the customer pays after 10 days. If an amount box does not require an entry, leave it blank. (Record collection after the discount period)

(Appendix 5A) Sales Discounts Ramsden tnc. provided consulting services with a gross price of $44,000 and terms of 2/10,n/30. Required: 1. Prepare the necessary joumal entries to record the sale under the gross method, If an amount bo 2. Prepare the necessary journal entries to record collection of the receivable, assuming the custome leave it blank. 3. Prepare the necessary journal entries to record collection of the receivable, assuming the custome leave it blank. (Record collection after the auscount penou)