Question 2 View Policies Current Attempt in Progress On June 3, Windsor Company sold to Chester Company merchandise having a sale price of $5,600 with terms of 3/10,60,1.o.b. shipping point. An invoice totaling $95, terms 30, was received by Chester on June 8 from John Booth Transport Service for the freight cost. On June 12, the company received a check for the balance due from Chester Company Prepare journal entries on the Windsor Company books to record its noted above under each of the following (1) Sales and receivables are entered at gross selling price. (2) Sales and receivables are entered at net of cash discounts. Credit account titles are automatically indented (if no entry is required, select "No Entry" for the account titles and enter o for the amounts when the amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Prepare the journal entry under basis 2, assuming that Chester Company did not remit payment until July 29. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit July 29