On December 1,Macy Company sold merchandise with a selling price of $3,000 on account to Mrs.Jorgensen,with terms 1/10,n/30.Using the gross method and ignoring cost of goods sold,what journal entry did Macy Company prepare on December 1? Macy expects no sales returns.

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Using the gross method means that the company records the sale at the full selling price without taking into account any discounts. 
On December 1, Macy Company sold merchandise for $3,000 to Mrs. Jorgensen on account with terms of 1/10, n/30. 
The journal entry to record this sale would be: 
Debit Accounts Receivable for $3,000 
Credit Sales Revenue for $3,000 
This is because Macy Company has made a sale worth $3,000 and has created an account receivable for the customer for that amount. The revenue is recognized at its full amount without taking into consideration any potential discounts.

On December 1,Macy Company Sold Merchandise with a Selling Price