Question: Stellar Co . uses the net method to account for cash discounts. On June 1 , 2 0 2 0 , it made sales of

Stellar Co. uses the net method to account for cash discounts. On June 1,2020, it made sales of $62,900 with terms 315,n45. On June 12,2020, Stellar received full payment for the June 1 sale.
Prepare the required journal entries for Stellar Co.(If no entry is required, select "No Entry" for the account titles and enter 0 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.)
\table[[Date Account Titles and Explanation,],[q,,Credit]]
Stellar Co . uses the net method to account for

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