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Oswego Clay Pipe Company provides services of $47,400 to Southeast Water District #45 on April 12 of the current year with terms 1/15, n/60. What
Oswego Clay Pipe Company provides services of $47,400 to Southeast Water District #45 on April 12 of the current year with terms 1/15, n/60. What would Oswego record on April 12?
A. | Accounts Receivable | 46,926 | |
Sales Revenue | 46,926 | ||
B. | Accounts Receivable | 47,400 | |
Sales Revenue | 46,926 | ||
Sales Discounts | 474 | ||
C. | Accounts Receivable | 47,400 | |
Sales Revenue | 47,400 | ||
D. | Accounts Receivable | 47,400 | |
Sales Discounts | 474 | ||
Sales Revenue | 47,874 |
Multiple Choice
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Option A
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Option B
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Option C
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Option D
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