On November 10 of the current year, Flores Mills sold carpet to a customer for $7,300 with credit terms 3/10, n/30. Flores uses the net method of accounting for sales discounts.

17. What is the correct entry for Flores on November 10 net method?

a.

Account Title	Debit	Credit
Accounts receivable	7,300
Sales discounts		219
Sales		7,081

b.

Account Title	Debit	Credit
Accounts receivable	7,081
Sales discounts	219
Sales		7,300

c.

Account Title	Debit	Credit
Accounts receivable	7,300
Sales		7,300

d.

Account Title	Debit	Credit
Accounts receivable	7,081
Sales		7,081