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Oswego Clay Pipe Company sold $45,700 of pipe to Southeast Water District #45 on April 12 of the current year with terms 2/15, n/60. Oswego
Oswego Clay Pipe Company sold $45,700 of pipe to Southeast Water District #45 on April 12 of the current year with terms 2/15, n/60. Oswego uses the gross method of accounting for sales discounts. What entry would Oswego make on April 23, assuming the customer made the correct payment on that date? Multiple Choice Cash Accounts receivable Sales 45, 700 44,786 914 Cash Sales discounts | Accounts receivable 44,786 1914 45,700 Cash Sales Accounts receivable 44,786 914 45,700
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