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Pierce Company sold to Stanton Company merchandise on account FOB shipping point, 2/10, net 30, for $500. Pierce prepaid the $65 shipping charge. Which of

Pierce Company sold to Stanton Company merchandise on account FOB shipping point, 2/10, net 30, for $500. Pierce prepaid the $65 shipping charge. Which of the following entries does Pierce make to record this sale? O a. Accounts Receivable Stanton, debit $65; Sales, credit $65 b. Accounts Receivable-Stanton, debit $490; Sales, credit $490, and Accounts Receivable-Stanton, debit $65; Cash, credit $65 c. Accounts Receivable-Stanton, debit $565; Sales, credit $565 Od. Accounts Receivable Stanton, debit $65; Sales, credit $65, and Transportation Out, debit $500; Cash, credit $500
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Pierce Company sold to Stanton Company merchandise on account FOB shipping point, 2/10, net 30 , for $500. Pierce prepaid the $65 shipping eharge. Which of the following entries does Pierce make to record this sale? b. Accounts Hecrivable Stabten, debit 5460 , Sales, credit 3490 , and Accountu Fectivable Stantoo, debit 565 , Cach credit 565 c. Mocounts Receivable Stanton, debit $565, Sales, credin $565

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