agagenow.com/ilm/takeAssignment/takeAssignmentMain.do?inv... Given the following information: Petty cash fund Postage stamps Cash on hand Traveler's checks Checking balance, First National Bank Checking balance, Third National Bank $ 175 58 4,265 550 30,425 (825) The total amount of cash that should appear on the balance sheet is 534,648 $34.040 335 415 $34,590 Hole Sailors, Inc. sold merchandise on credit with a list price of $12,000. Terms were 1/20, n/45. Which of the following entries correctly applies the indicated method to record the sale? 10,800 Net Price Method Accounts Receivable Sales Net Price Method Accounts Receivable Sales 10,800 12,000 12,000 12,000 Gross Price Method Accounts Receivable Sales Net Price Method Accounts Receivable Sales 12,000