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Forever Jewelers uses the gross method and a perpetual inventory system. On April 2, Forever sold merchandise with a cost of $1,900 for $6,300 to
Forever Jewelers uses the gross method and a perpetual inventory system. On April 2, Forever sold merchandise with a cost of $1,900 for $6,300 to a customer on account with terms of 1/15, ru30. Which of the following would be included in the journal entry to record the cash receipt on April 30? Select one A. Debit to Sales Discounts for $63 B. Credit to Sales Discounts for 563 C. Credit to Cash for $6,237 D. Debit to Cash for $6,300
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