Question: On May 12, 2021. Falwell Computing sold five computers to Computing Plus for $10,000, subject to terms 3/10,n/30. Falwell uses the net method of accounting

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

On May 12, 2021. Falwell Computing sold five computers to Computing Plus for $10,000, subject to terms 3/10,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 if the correct amount was received on May 20, 2021, or if the correct amount was received on June 5, 2021. Complete this question by entering your answers in the tabs below. Reg! Reg 2 and 3 Prepare the journal entry to record the sale. (I no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet 1 > Record the sale Note: Enter debits before credits Dato General Journal Debit Credit May 12, 2021 Record entry Clear entry View general Journal On May 12, 2021, Falwell Computing sold five computers to computing Plus for $10,000, subject to terms 3/10, 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 if the correct amount was received on May 20, 2021, or if the correct amount was received on June 5, 2021 Complete this question by entering your answers in the tabs below. Req1 Reg 2 and 3 Prepare the journal entries to record receipt of the payment, assuming the correct amount was received on May 20, 2021 and June 5, 2021. (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

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