Question
Oswego Clay Pipe Company provides services of $48,900 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 $48,900 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 | 48,411 | |
| Sales Revenue | 48,411 | ||
| B. | Accounts Receivable | 48,900 | |
| Sales Revenue | 48,411 | ||
| Sales Discounts | 489 | ||
| C. | Accounts Receivable | 48,900 | |
| Sales Revenue | 48,900 | ||
| D. | Accounts Receivable | 48,900 | |
| Sales Discounts | 489 | ||
| Sales Revenue | 49,389 |
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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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
