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76. The collection of a $900 account after the 2 percent discount period will result in a a. debit to Cash for $882. b. debit
76. The collection of a $900 account after the 2 percent discount period will result in a a. debit to Cash for $882. b. debit to Accounts Receivable for $900. C. debit to Cash for $900. d. debit to Sales Discounts for $18. 77. The collection of a $600 account after the 2 percent discount period will result in a a. debit to Cash for $588. b. credit to Accounts Receivable for $600. C. credit to Cash for $600. d. debit to Sales Discounts for $12. the Cost of Goods Sold account is used
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