Question: July 1: Presented below is information from Jason Computers Incorporated. July 1 Sold $25,200 of computers to C. Company with terms 3/15, n/60. Jason uses
July 1: Presented below is information from Jason Computers Incorporated. July 1 Sold $25,200 of computers to C. Company with terms 3/15, n/60. Jason uses the gross method to record cash discounts. Jason estimates allowances of $1,336 will be honored on these sales.
Prepare the necessary journal entries for Jason Computers.
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