Homework5#9: If a sales invoice shows credit terms of 1/10, net /30, the discount period is: A. 30 days B. 1 day C. 10% D. 10 days 4-12 Homework5#10: The revenue recognition principle under accrual accounting requires that sales revenues be recognized: A. Immediately when the merchandise is ordered on-line through Amazon.com. B. When the goods are transferred from the seller to the buyer. c. When the cash is received by the seller. D. Immediately, when the freight terms are free on board. 4.13