Ch. 4 - Homework Saved Help Save & Exit Subm Check my work 5 ProBuilder has the following June 30 fiscal-year-end unadjusted balances: Allowance for Sales Discounts. $0; and Accounts Receivable, $11,000. Of the $11,000 of receivables. $2,500 are within a 3% discount period, meaning that it expects buyers to take $75 In future discounts arising from this period's sales. a. Prepare the June 30 fiscal year-end adjusting journal entry for future sales discounts. points View transaction list - Journal entry worksheet Print References Record the expected sales discounts. Note: Enter debits before credits General Journal Debat Credit Date June 30 Record entry Clear entry View general Journal Mc H MacBook Air Help Sa b. Assume the same facts above and that there is a $10 fiscal-year-end unadjusted credit balance in the Allowance for Sales Discounts. Prepare the June 30 fiscal-year-end adjusting journal entry for future sales discounts. View transaction list Journal entry worksheet 1 Record the expected sales discounts. ces Note: Enter debits before credits Date General Journal Debit Credit June 30 Record entry Clear entry View general journal