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be Upda Pierce Company sold to Stanton Company merchandise on account FOB shipping point, 1/10, net 30, for $200. Pierce prepaid the $75 shipping charge.

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be Upda Pierce Company sold to Stanton Company merchandise on account FOB shipping point, 1/10, net 30, for $200. Pierce prepaid the $75 shipping charge. Which of the following entries does Plerce make to record this sale? On Accounts Receivable Sto, debit ST Sales, credit 575 Ob. Accounts ReceivableStanton, debit 5198; Sales, credit 5198, and Accounts Receable-tante, debit 575, Cash, crudie 575 Oc Accounts Receivable Stanton de 527: Sales, credit 5275 Od Account Receivable-Sten, debit 575Sales, credits75, con Transportation Out, debit 5200, Cath, credit 5200 Not > Merchandise is sold for cash. The selling price of the merchandise is $1,800 and the sale is subject to a 6% state sales tax. The Journal entry to record the sale would Include a credit to Oa. Cash for $1,908 Ob Se Tu Payable for 108 Oc Sales for 51.908 Od: Cash for 1.100 Previous Next All work saved Save and Est Submit Test for Gading

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