Cresent Bay Cink provided medical services worth $800 to a customer on account. Because the customers over the age of 65, recome customers 20. trade discount wajuntry should the clinic make to record the transaction? Me Choice Dobit Credit Account Accounts Receivable Trade Discounts Service Revenue w 160 640 Debit Account Accounts Receivable Service Revenue Credit 640 640 Debit Account Accounts Receivable Trade Discounts Service Revenue Credit 640 160 800 Deba Credit Account Accounts Receivable Service Revenue 300 BOO On December 1, 2021 Lansing Company accepted a three month, 10% note for $10,000 from one of its customers, Joshua fomm, 10 A.. What journal entry should the company make to record its acceptance of the note on December 1, 2021? Muie Chance Account Notes Recolvable Service Revenue Debit Credit 10,000 10,000 Account Accounts Receivable Notes Receivable Debit Credit 10,000 10,000 Account Notes Receivable Accounts Receivable Debit Credit 10,000 10,000 Account Accounts Receivable Notes Receivable Interest Revenue Debit Credit 10,000 9,000 1,000 When a perpetual Inventory system is used, what account does the company debit when it purchases inventory on account? Multiple Choice Accounts Payable Cost of Goods Sold Inventory Purchases