Current Attempt in Progress

Vaughn Co$.$ uses the gross method to record sales made on credit. On June $1,2025,$ it made sales of $\backslash (\backslash$$ $54,000\backslash )$ with terms $\backslash (3/15,\backslash$mathrm$\{$n$\}/45\backslash ).$ On June $12,2025,$ Vaughn received full payment for the June $1$ sale.

Prepare the required journal entries for Vaughn Co$.($If no entry is required, select $"$No Entry" for the account titles and enter Ofor the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Record joumal entries in the order presented in the problem.$)$

$\backslash$begin$\{$tabular$\}\{$llll$\}$

Date & Account Titles and Explanation & Debit & Credit $\backslash \backslash$

& Accounts Receivable & $\backslash \backslash$

$\backslash$hline Sales Revenue & $\backslash \backslash$

$\backslash$hline Cash & $\backslash \backslash$

$\backslash$hline

$\backslash$end$\{$tabular$\}$

Sales Discounts $\backslash (\backslash$square $\backslash )$

$\backslash (\backslash$square $\backslash )$

Sales Discounts

Accounts Receivable $\backslash (\backslash$square $\backslash )$

$\backslash (\backslash$square $\backslash )$

eTextbook and Media

List of Accounts

$\backslash (\backslash$square $\backslash )$

Last saved $16$ hours ago.

Attempts: $0$ of $2$ used

Saved work will be auto$-$submitted on the due date. Auto$-$

submission can take up to $10$ minutes.