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On November 10 of the current year, Flores Mills sold carpet to a customer for $8,100 with credit terms 410/410 , n30/n30 . Flores uses

On November 10 of the current year, Flores Mills sold carpet to a customer for $8,100 with credit terms 410/410 , n30/n30 . Flores uses the gross method of accounting for sales discounts.

What is the correct entry for Flores on November 10?

Account TitleDebitCreditAccounts receivable8,100 Sales discounts 324Sales 7,776

Account TitleDebitCreditAccounts receivable7,776 Sales discounts324 Sales 8,100

Account TitleDebitCreditAccounts receivable7,776 Sales 7,776

Account TitleDebitCreditAccounts receivable8,100 Sales 8,100

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