2. 2% discount for early payment within 10 days 3. 2% extra payment due if paid between 10 days and 30 days 4. $2 discount if paid within 10 days 5. None of the above 10.Purchases on account of merchandise for resale would be recorded in 6. Which of the following is a subsidiary ledger that consists of individual accounts for all creditors? Answer Accounts receivable ledger 2. Controlling ledger 3. Accounts payable ledger 4. Inventory ledger 5. Purchase ledger The schedule of accounts payable lists each creditor's account balance, and the total equals the. Answer Controlling account in the journal Accounts Payable account in the general ledger Accounts Receivable account in the general ledger Purchases account in the general ledger Sales account in the general ledger IE the seller assumes the entire cost of transportation, without any Teimbursementfromthebuyer,thefreighttermsarecon Answer EOB shipping point FOB destination Freightin FOB freight Under the perpetual inventery system how does the sellezenecord sales Waade on aocount? Aasivel Accounts Payable Drisales CR Sales PRAcoownts Peyable CR A ccoints Receivable DR Sales CR Accounts Reegeivable DR Sale s CR Cost of Gogas sold DR Merchandise invertoin CR