d Homework Assignment $-$ S$24-$ Protected View $*$ Saved $vv$

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Stephens Corporation recorded a sale of inventory for $$5,000$ on account that had a cost of $$3,500.$ Which of the following would be the correct way to record the sale?

a$)$ Accounts Receivable

$\sqrt[\phantom{2}]{5,000}$

$\frac{\text{S}\text{a}\text{l}\text{e}\text{s}}{5,000}$

b$)$ Accounts Receivable

$5,000$

$\frac{\text{S}\text{a}\text{l}\text{e}\text{s}}{15,000}$

c$)$ Accounts

Gross

Receivable

$1,500$

$q,$

$q,$

$1,500$