Home Restoration reports net sales of $80,000. If sales returns and allowances 0,000 and sales discounts are $1,500, what are gross sales? O A. $80,000 OB. 568,500 O C. $91,500 OD. $88,500 Dora's Blankets and Bedding had a sale of $530 to a charge customer terms 1/15, 1/3. Dora should record this transaction as follows (Round informediary calculations to the nearestent and final answers to the whole dolar) OA dobil Accounts Receivable 5525, debit Sales Discounts 5 credit salos 3530 OB. debit Cash $530, credit Sales $530 O C. debit Salos $530, credit Accounts Receivable $530, OD. debit Accounts Receivable $530: credit Sales $530 The liability account used to record sales tax owed is: O A. Prepaid Taxes. OB. Sales Tax Expense. OC. Sales Tax Payable. O D. Sales Returns and Allowances. A characteristic of Sales Returns and Allowances is that: O A. it has a credit balance. O B. it tracks returns from customers. O c. it is a contra - revenue account OD. B and C are correct