PLEASE EXPLAIN HOW YOU GOT TO YOUR ANSWER SO I CAN UNDERSTAND.

Gross method for sales discounts Schofield Co. sold merchandise on account to Bernard Retail Inc. for $15,000, terms 2/10, n/30. The cost of the merchandise sold was $8,000. Assume Schofield Co. uses the gross method of recording sales discounts. a. Journalize the entries to record the sale. If an amount box does not require an entry, leave it blank. (1) Accounts Receivable-Bernard Retail Inc. Sales (2) Cost of Merchandise Sold Merchandise Inventory Feedback b. Journalize the entry to record the receipt of payment assuming it is made within the discount period. If an amount box does not require an entry, leave it blank. Cash Sales III II. Accounts Receivable-Bernard Retail Inc. Feedback C. Journalize the entry to record the receipt of payment assuming it is made beyond the discount period. If an amount box does not require an entry, leave it blank. Cash 10 lo Accounts Receivable-Bernard Retail Inc