Olympia Company sold merchandise on credit with a list price of $70,000. Terms were 2/10,n/30. Given the indicated sales discounts methods in the responses, which entry is correct? Gross Method: Dr. Accounts Receivable 63,000; Cr. Sales 63,000 Net Method: Dr. Sales 68,600; Cr. Accounts Receivable 68,600 Net Method: Dr. Accounts Receivable 70,000; Cr. Sales 70,000 Gross Method: Dr. Accounts Receivable 70,000: Cr. Sales 70,000 Olympia Company sold merchandise on credit with a list price of $70,000. Terms were 2/10,n/30. Given the indicated sales discounts methods in the responses, which entry is correct? Gross Method: Dr. Accounts Receivable 63,000; Cr. Sales 63,000 Net Method: Dr. Sales 68,600; Cr. Accounts Receivable 68,600 Net Method: Dr. Accounts Receivable 70,000; Cr. Sales 70,000 Gross Method: Dr. Accounts Receivable 70,000: Cr. Sales 70,000