On November 10 of the current year, Flores Mills sold carpet to a customer for exist8,000 with credit terms 2/10, n/30. How would Flores record the sale on November 10? Account Receivable 7, 840 Sales 7, 840 Account Receivable 8,000 sales 8,000 Accounts Receivable 7, 840 Cash Discounts 160 Sales 8,000 Account receivable 8,000 Cash Discounts 160 Sales 7, 840 On November 10 of the current year, Flores Mills provides services to a customer for exist8,000 with credit terms 2/10, n/30. The customer made the correct payment on November 17. How would Flores record the collection of cash on November 17? Cash 7, 840 Account Receivable 7, 840 Cash 7, 840 Sales Discounts 160 Account Receivable 8,000 Cash 7, 840 sales Discounts 160 Accounts Receivable 8,000 Cash 7, 840 Sales 160 Account receivable 8,000 Cash 8,000 Account receivable 8,000 Under the direct write-off method, what adjustment is made at the end of the year to account for possible future bad debts? A. Debit bad debt expense. B. Debit the allowance for uncollectible accounts. C Credit accounts receivable. D. No adjustment is made