Just want to check my answers:

Assume the periodic inventory system. Jostle Juggling sold inventory to Clarsky Circus for $9,000 cash. Which of the following is the journal entry to be made by Jostle Juggling? A) Cost of Goods Sold 9,000 Sales 9,000 B) Cash 9000 Inventory 9,000 C) Accounts Receivable 9,000 Sales 9,000 D) cash 9,000 Sales 9,000 E) Cash 9,000 Accounts Payable 9,000 The difference between gross sales and net sales may include A) bad debts expense, B) sales returns. C) trade discounts. D) cost of goods sold. E) purchase returns. Assume the periodic inventory system. Madison Manufacturing gave a 4% trade discount to Tristan Company when it sold inventory for cash that normally sells for $12,000. Which of the following is the journal entry to be made by Madison Manufacturing? A) Cash 11, 250 Sales 11, 520 B) Cash 11/520 Trade Discount 480 Sales 12,000 C) Cash 11, 520