Choose the correct answer :

7. 4/11 Sold merchandise on account to Fahad, KD 6000 with terms of 2/7, n/30. The entry for the above transaction will include:Required to answer. Single choice.

- Cr. Accounts Receivable

-Dr. Accounts Payable

-Cr. Accounts Payable

-Dr. Accounts Receivable

.

8. 4/14 Fahad returned wrong style merchandise, KD 500 and received a full credit. The entry for the above transaction will include:Required to answer. Single choice.

-Cr. Accounts Payable

-Dr. Accounts Payable

-Cr. Accounts Receivable

-Dr. Accounts Receivable

.

9.4/19 Received check from Fahad in full settlement of the 4/11 sale. The entry for the above transaction will include:Required to answer. Single choice.

-Cr. 6000 Accounts Receivable

-Cr 5390 Accounts Receivable

-Dr. 5390 Accounts Payable

-Cr. 5500 Accounts Receivable