Question: QUESTION 12 Chapter 3 points Save Answer On July 5, O&A Company sold merchandise for $30,000 with terms 3/10,n/30. On July 14, the customer sent

 QUESTION 12 Chapter 3 points Save Answer On July 5, O&A

QUESTION 12 Chapter 3 points Save Answer On July 5, O&A Company sold merchandise for $30,000 with terms 3/10,n/30. On July 14, the customer sent a check for $19,400 taking advantage of the discount to settle $20,000 of the amount. On August 4, the customer paid the remaining $10,000. O&A Company is uses gross method of accounting for cash discount Prepare the journal entries to record the sale in July 5 and the payments on July 14 and August 4 Attach File Browse My Computer Browse Content Collection 1 d QUESTION 13

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