The problem is as such: A customer ordered an item from a catalog with a price of 25,000
The customer reduced the debt by 500 within the discount window, with terms 3/10,n/30
the question is to a) show journal entries to record sales, sales discount, and final payment using the gross method and b) using the net method

i have worked out a solution that I think is accurate.

Gross method:
Accounts Receivable 25,000
Sales 25,000

Cash 485
Sales Discount 15
Accounts Receivable 500

Cash 24,500
Accounts Receivable 24,500 I had no room for the net method