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Marigold Corp. made a $25600 sale on account with the following terms: 3/10, n/30. If the company uses the net method to record sales made
Marigold Corp. made a $25600 sale on account with the following terms: 3/10, n/30. If the company uses the net method to record sales made on credit, what is/are the debit(s) in the journal entry to record the sale?
Debit Accounts Receivable for $24832.
Debit Accounts Receivable for $24832 and Sales Discounts for $768.
Debit Accounts Receivable for $25600.
Debit Accounts Receivable for $25600 and Sales Discounts for $768.
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