Green's financial statements show: Cash sales $100,000; Net credit sales $500,000; Accounts receivable beginning of the year (net) $40,000; Accounts receivable end of the year (net) $30,000; Uncollectible accounts expense $10,000; Merchandise inventory $25,000 beginning and $28,000 end of the year. Green's average collection period is: Select one: O a. 25.6 days O b. 21.3 days O c. 19.4 days O d. 2.85 times Rachel Jones takes Fred Smith and her colleagues out to dinner to celebrate Fred Smith's promotion. They dined at Barney's Restaurant in Jacksonville and the dinner cost $2,000. Rachel pays Barney's Restaurant with her Visa Bank One Credit Card. The service fee that Bank One charges the restaurant is 3.5%. How does Barney's Restaurant record this sale? Select one: O a. Dr. Accounts receivable $2,000; Cr. Sales revenue $2,000 O b. Dr. Cash $1,930; Cr. Sales revenue $1,930 Oc. Dr. Cash $1,930; Dr. Service Charge Expense $70; Cr. Sales revenue $2,000 O d. Dr. Cash $1,930; Dr. Service Charge Expense $60; Cr. Sales revenue $2,000