Question: (Uf no entry is required, select No Entry for the account titles and enter O for the amounts. Credit occount titles ore outomatically indented when

indented when the amount is entered. Do not indent manuoliy. List all

(Uf no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit occount titles ore outomatically indented when the amount is entered. Do not indent manuoliy. List all debit entries before credit entries. Record journal entries in the order presented in the problem. On June 3, Suntand Company sold to Chester Company merchandise having a sale price of $5,200 with terms of 4/10, n/ 60 , fo b. shipping point. An imvoice totalling \$98, terms n/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. (a) Prepare journal entries on the Sunland Company books to fecord all the events noted above under each of the following bases. (1) Sales and receivables are entered at gross selline price (2) Sales and receivables are entered at net of cash discounts. (2) eTextbook and Media List of Accounts Sowe foe Liter Attempts: unlimited

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