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Merchandise was sold on credit for $10,000, terms 210,n/30. Which of the followng journal entry descriptions correctly describes the castr collection? Mulvple Choke Cash is

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Merchandise was sold on credit for $10,000, terms 210,n/30. Which of the followng journal entry descriptions correctly describes the castr collection? Mulvple Choke Cash is debted for $10,000 and accounts recelvable is credted for $50,000 if the colfection is within the discount period Cash is debited for $10,000, accounts recervable is ciedsed for $9800, and sales discounts is credted for $200 if the collection is alter the discount period Cash is debited for 510000 and accounts recewable is credited for $10,000 if the collection is after the discount penod Merchandise was sold on credit for $10,000, terms 210,n/30. Which of the followng journal entry descriptions correctly describes the castr collection? Mulvple Choke Cash is debted for $10,000 and accounts recelvable is credted for $50,000 if the colfection is within the discount period Cash is debited for $10,000, accounts recervable is ciedsed for $9800, and sales discounts is credted for $200 if the collection is alter the discount period Cash is debited for 510000 and accounts recewable is credited for $10,000 if the collection is after the discount penod

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