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Oswego Clay Pipe Company provides services of $49,900 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 $49,900 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 49,401
Sales Revenue 49,401
B. Accounts Receivable 49,900
Sales Revenue 49,401
Sales Discounts 499
C. Accounts Receivable 49,900
Sales Revenue 49,900
D. Accounts Receivable 49,900
Sales Discounts 499
Sales Revenue 50,399

Multiple Choice

  • Option A

  • Option B

  • Option C

  • Option D

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