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9. The collection of a $1,200 account after the 2 percent discount period will result in a Ila. debit to Cash for $1,176. b. credit

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9. The collection of a $1,200 account after the 2 percent discount period will result in a Ila. debit to Cash for $1,176. b. credit to Accounts Receivable for $1,200. c. credit to Cash for $1,200. d. debit to Sales Discounts for $24. 10. A credit sale of $3,600 is made on July 15 , terms 3/10,n/30, on which a return of $100 is granted on July 18 . What amount is received as payment in full on July 24 ? a. $3,395 b. $3,492 c. $3,392 d $3,600

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