Betsy's Pottery sold 300 tiles at $40 each to a customer on credit, terms 2/10, n/30. Betsy's Pottery uses the perpetual inventory system, and each tile cost $20. Which journal entries are required to record the sale? (Round intermediary calculations to the nearest cent and final answers to the whole dollar.) O A. Debit Cash $12,000; credit Sales $12,000; Debit Cost of Goods Sold $6,000; credit Merchandise Inventory $6,000 OB. Debit Accounts Receivable $11,760; debit Sales Discount $240; credit Sales $12,000; Debit Merchandise Inventory $6,000; credit Merchandise Inventory $6,000 C. Debit Accounts Receivable $12,000; credit Sales $12,000; Debit Cost of Goods Sold $6,000; credit Merchandise Inventory $6,000 D. Debit Accounts Payable $11,760; credit Sales $11,760; Debit Merchandise Inventory $6,000; credit Cost of Goods Sold $6,000

Betsys Pottery sold 300 ties at 540 each to a cussomer on credit, ternss 2/10, n/30. Betsyss Pottery uses the perpetual imventory systert. and each tis oost 520 Which joumai entries are requind to fecord the saie? (Round intermedary calculstions to the nearest cent and final answers to the whole dolac) A. Debit Cash \$12,000; credit Sales 512,000, Debit Cost of Goods Sold \$5,000; credil Merchandise Inventary \$6,000 c. Debil Accouris Recevable \$12,000; credit Sales \$12,000; Debe Cost of Coods Sold \$6,000; cedit Merchandise inventory $6,000 D. Debit Accounts Payable \$11,760; credit Sales \$11,760; Debal Merchandise imventory 56,000; creda Cost of Gocds Sold $6,000