16. On March 1, your company sold $25,000 worth of tires to a tire retailer on credit. The terms were 2/10, n30. On March 4, your CUSTOMER paid the invoice for the tires. Which is the most proper journal entry to be prepared for March 4?

a. Credit Cash for $24,500, Debit Accounts Receivable for $24,500

b. Debit Cash for $25,000, Credit Accounts Receivable for $24,500 and Credit Sales Discounts for $500

c. Debit Cash for $24,500 credit Accounts Receivable for $25,000, and Debit Sales Discounts for $500

d. Debit Accounts payable for $25,000 and Credit Cash for $25,000

17.Which is the proper adjustment for monthly depreciation of $200?

Group of answer choices

a. Debit Cash for $200 and Credit Accumulated Depreciation for $200.

b. Credit Accumulated Depreciation for $200 and Credit P,P, &E for $200.

c. Debit Depreciation Expense for $200 and credit Accumulated Depreciation for $200.

d. Debit Accumulated Depreciation for $200 and Credit Depreciation Expense for $200.