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Kristi,s pottery sold 250 tiles at $250 each to a charge customer, terms 1/10, n/30. the tiles cost $10 each. Which entry is required to
Kristi,s pottery sold 250 tiles at $250 each to a charge customer, terms 1/10, n/30. the tiles cost $10 each. Which entry is required to record the sale portion of this transaction?
a) Debit account receivable for $6,185.50; credit the tile sales for $6,187.50.
b) Debit Cash for $6,250; credit tiles for $6,250.
c) Debit account receivable for $6,250; credit tile sales for $6,250.
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