May 8- Sold merchandise on account to Rustans, P11,000, VAT included. Terms: 2/10,

n/30.

8 May 2002	Accounts Receivable					11,000
		Sales					10,000
		Output Tax					1,000
	(Sales made on credit to Rustans)

18- Received a check from Rustans for the amount owed on the May 8 sale.

18	Cash					8624
	Sales Discount					160
	Output Tax					16
		Accounts Receivable					8800
	(Payment collected on May 8 within 10 days)

my question is about the transaction 18.. is it the right journal entries??