Question: Question 3 --/1 View Policies Current Attempt in Progress Sweet Co. uses the net method to account for cash discounts. On June 1, 2017, it

Question 3 --/1 View Policies Current Attempt in Progress Sweet Co.

Question 3 --/1 View Policies Current Attempt in Progress Sweet Co. uses the net method to account for cash discounts. On June 1, 2017, it made sales of $65,000 with terms 4/15, n/45. On June 12, 2017, Sweet received full payment for the June 1 sale. Prepare the required journal entries for Sweet Co. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit

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