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Question 29 4.75 pts On June 1, Walmart sold 100 computers to the UCF Knights for $500 each on account with terms of 3/15, n30.

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Question 29 4.75 pts On June 1, Walmart sold 100 computers to the UCF Knights for $500 each on account with terms of 3/15, n30. On June 11, the UCF Knights paid their invoice and took the discount. What journal entry (debit and credit) should Walmart record on June 11? (Select all answers that apply) Debit Accounts Receivable $50,000 Debit Accounts Receivable $48,500 Credit Sales Revenue $48,500 Credit Accounts Receivable $48,500 Debit Cash $50,000 Credit Accounts Receivable $50,000 Credit Sales Discounts $1.500 Credit Sales Revenue $50,000 Debit Sales Discounts $1,500 Debit Cash $48,500 Question 28 4.75 pts If Public Storage owned vacant land and they installed a wooden fence for security, which asset account would Public Storage use to record the cost of the fence? Accumulated Depreciation Land Building Depreciation Expense Land Improvements Equipment

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