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On July 9, Sheb Company sells goods on credit to Wooley Company for $3.000, terms 1/10, 1/60 Sheb receives payment on July 18. The entry
On July 9, Sheb Company sells goods on credit to Wooley Company for $3.000, terms 1/10, 1/60 Sheb receives payment on July 18. The entry by Shab on July 18 is: Cash 2,970 o Sales Discount 30 Accounts Receivable 3,000 Cash 3,000 30 Sales Discount Accounts Receivable 2.970 Cash 3,030 Sales Discount 30 Accounts Receivable 3.000 Cash 3.000 Accounts Receivable 3.000
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