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Sweet Co. uses the gross method to record sales made on credit. On June 1, 2020, it made sales of $61,000 with terms 3/15, n/45. On June 12, 2020, 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 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.) Date + Account Titles and Explanation Debit Credit

Sweet Co. uses the gross method to record sales made on credit. On June 1, 2020, it made sales of $61,000 with terms 3/15, n/45. On June 12, 2020, 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 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.) Date + Account Titles and Explanation Debit Credit

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Sweet Co. uses the gross method to record sales made on credit. On June 1, 2020, it made sales of $61,000 with terms 3/15, n/45. On June 12, 2020, 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 O 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 17
Transcribed Image Text:Sweet Co. uses the gross method to record sales made on credit. On June 1, 2020, it made sales of $61,000 with terms 3/15, n/45. On June 12, 2020, 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 O 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 17
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