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On October 12, Mochinery Corporation selis $53,000 worth of equpment on account to a credit custocser with credit terms of vilo. n/30. Assume the sale
On October 12, Mochinery Corporation selis $53,000 worth of equpment on account to a credit custocser with credit terms of vilo. n/30. Assume the sale is not subject to tax, Select the correct entry to record the sale on October 12 . Muitiple Choict \begin{tabular}{|ccc} \hline Account Name & Debit & Credit \\ Cash & 53,000 & \\ Sales & & 53,000 \end{tabular} \begin{tabular}{|c|c|c|} \hline Account Name & Debit & Credit \\ \hline Sales & 53,000 & \\ \hline Sales Discounts & & 530 \\ \hline Accounts Receivable & & 52,470 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline Account Name & Debit & Credit \\ \hline Accounts Receivable & 53,000 & \\ \hline Sales Discounts & & 530 \\ \hline Sales & & 52,470 \\ \hline \end{tabular} \begin{tabular}{|ccc|} \hline Account Name & Debit & Credit \\ \hline \begin{tabular}{l} Accounts Receivable \\ Sales \end{tabular} & 53,000 & \\ & \multicolumn{2}{|c|}{53,000} \end{tabular}
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