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On July 8 , Lundy, Incorporated sold 1 0 0 printers to Baines Company at $ 6 0 0 each and offered a 2 %

On July 8, Lundy, Incorporated sold 100 printers to Baines Company at $600 each and offered a 2% discount for payment within 10 days. On July 15, Baines Company paid the full amount in cash. What should Lundy record on July 15?
\table[[Transaction,Account Title,Debit,Credit],[A.,Cash,60,000,],[,Accounts Receivable,,60,000],[B.,Cash,58,800,],[C.,Accounts Receivable,,58,800],[,Cash,58,800,],[,Sales Discounts,1,200,],[,Accounts Receivable,60,000,60,00],[,Cash,,1,200]]
Transaction A
Transaction B
Transaction C
Transaction D
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