Question: how can I solve these two questions? Current Attempt in Progress On June 3, Shamrock Company sold to Chester Company merchandise having a sale price

 how can I solve these two questions? Current Attempt in Progress

On June 3, Shamrock Company sold to Chester Company merchandise having a

sale price of $4,200 with terms of 3/10, n/60, f.o.b. shipping point.

how can I solve these two questions?

Current Attempt in Progress On June 3, Shamrock Company sold to Chester Company merchandise having a sale price of $4,200 with terms of 3/10, n/60, f.o.b. shipping point. An invoice totaling $98, terms n/30, was received by Chester on June 8 from John Booth Transport Service for the freight cost. On June 12, the company received a check for the balance due from Chester Company. Prepare journal entries on the Shamrock Company books to record all the events noted above under each of the following bases. (1) Sales and receivables are entered at gross selling price. (2) Sales and receivables are entered at net of cash discounts. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit No. Date Account Titles and Explanation (1) (12 assighimena) 72 /00 Prepare journal entries on the Shamrock Company books to record all the events noted above under each of the following bases. (1) (2) Sales and receivables are entered at gross selling price. Sales and receivables are entered at net of cash discounts. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts, Credit account titles are automatically Indented when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit (1) June 12 (2) 8:39 AM E Ch 7: Homework E Homework C Dollar Value LUFO) Presented Ex A Pages About The liue ich.edu/courses/48829/assignments/724708 (1) June 12 (2)

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