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Presented below is information from Flounder Computers Incorporated. July 1 Sold $24,700 of computers to Robertson...

Presented below is information from Flounder Computers Incorporated. July 1 Sold $24,700 of computers to Robertson Company with terms 3/15, n/60. Flounder uses the gross method to record cash discounts. Flounder estimates allowances of $1,341 will be honored on these sales. 10 Flounder received payment from Robertson for the full amount owed from the July transactions. 17 Sold $207,200 in computers and peripherals to The Clark Store with terms of 2/10, n/30. 30 The Clark Store paid Flounder for its purchase of July 17. Prepare the necessary journal entries for Flounder Computers. (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.)

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