Presented below is information from Concord Computers Incorporated. July 1 Sold $17,600 of computers to Robertson Company with terms 3/15,n/60. Concord uses the gross method to record cash discounts. Concord estimates allowances of $1,144 will be honored on these sales. (Concord records these estimates at point of sale) 10 Concord received payment from Robertson for the full amount owed from the July transactions. 17 Sold $176,000 in computers and peripherals to The Clark Store with terms of 2/10,n/30. 30 The Clark Store paid Concord for its purchase of July 17. Prepare the necessary journal entries for Concord Computers. (ff no entry is required, select "No Entry" for the account titles and enter Ofor the amounts Credit account titles are automatically indented when the amount is entered. Do not indent manually, List all debit entries before credit entries Record joumal entries in the order presented in the problem.) (To record sales revenue.) (To record allowance for sales returns.) Attempts: 0 of 1 used