Question: On May 12, 2018, Falwell Computing sold five computers to Computing Plus for $11,900, subject to terms 2/10,n/30. Falwell uses the net method of accounting

of accounting for sales discounts. Required: 1. Prepare the journal entry to

On May 12, 2018, Falwell Computing sold five computers to Computing Plus for $11,900, subject to terms 2/10,n/30. Falwell uses the net method of accounting for sales discounts. Required: 1. Prepare the journal entry to record the sale. 2 & 3. Prepare the Journal entries to record receipt of the payment, assuming the correct amount was received on May 20, 2018 and June 5, 2018 Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Prepare the journal entry to record the sale. (If no entry is required for a transaction/event, select "No Journal entry required in the first account field.) View transaction list Journal entry worksheet Record the sale Req 1 Req 2 and 3 Prepare the journal entry to record the sale. (If no entry is required for a transac account field.) View transaction list Journal entry worksheet

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