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1 3 . 6 . 4 Which of the following accounts are used when recording the sales entry of a sale on credit? A .

13.6.4 Which of the following accounts are used when recording the sales entry of a sale on credit?
A. merchandise inventory, cash
B. accounts receivable, merchandise inventory
C. accounts receivable, sales
D. sales, cost of goods sold
14.6.4 A customer pays on credit for $1,250 worth of merchandise, terms 4/15, n/30. If the customer pays
within the discount window, how much will they remit in cash to the retailer?
A. $1,250
B. $1,200
C. $50
D. $500

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