Pierce Company sold merchandise on account to Stanton Company, terms FOB shipping point, n/ 30, for $20,000. Pierce prepaid the $500 shipping charge. Which of the following entries does Pierce make to journalize this sale? a. debit Accounts Receivable Stanton Company for $20,000; credit Sales for $20,000 and debit Accounts Receivable-Stanton Company for $500; credit Cash for $500 O b. debit Accounts Receivable Stanton Company for $20,000, credit Sales for $20,000 and debit Delivery Expense for $500; credit Cash for $500 Stanton Company for $20,500; credit Sales for $20,500 c. debit Accounts Receivable O d. debit Accounts Receivable Stanton Company for $20,000; credit Sales for $20,000

Pierce Company sold merchandise on account to Stanton Company, terms FOB shipping point, ry 30 , for $20,000. Pierce prepaid the $500 shipping charge. Winich of the following entries does Pierce make to journalize this sale? 4. debit Ascouns Receivalle - Stanten Company for $20,000; credit 5ales for $20,000