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8) Which of the following is the correct way to record the collection of an account receivable of $5,000 for which the customer had earned

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8) Which of the following is the correct way to record the collection of an account receivable of $5,000 for which the customer had earned a sales discount of $100? a) Cash Sales Discounts 5,000 100 Accounts Receivable 4,900 b) Cash Sales Discounts 5,100 100 Accounts Receivable 5,000 c) Cash Sales Discounts 4,900 100 Accounts Receivable 5,000 3

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