On march 12, medical waste services provides services on account to grace hospital for $10,000, terms 3/10, n/30. grace does not pay for services until march 31, missing the 3% sales discount. required: for grace hospital, record the purchase of services on account on march 12 and the payment of cash on march 31. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

The stock of grommet corporation, a u.s. company, is publicly traded, with no single shareholder owning more than 5 percent of its outstanding stock. grommet owns 95 percent of the outstanding stock of staple inc., also a u.s. company. staple owns 100 percent of the outstanding stock of clip corporation, a canadian company. grommet and clip each own 50 percent of the outstanding stock of fastener inc., a u.s. company. grommet and staple each own 50 percent of the outstanding stock of binder corporation, a u.s. company. which of these corporations form an affiliated group eligible to file a consolidated tax return?