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Question 3 3.45 pts Stoops Co sells golf clubs on account to golf stores all over the country. Stoops sold a large order to Golf
Question 3 3.45 pts Stoops Co sells golf clubs on account to golf stores all over the country. Stoops sold a large order to Golf Shops USA on May 1, 2020 for $21,000, terms 2/10,n/30. Golf Shops USA paid the amount due to Stoops Co. on May 9, 2020. What entry should Stoops Co have made on May 1, 2020 regarding only the sales of the goods, not the cost of goods sold? O Debit Accounts Receivable 21,000; Credit Sales Discounts 420 and Sales Revenue 20,580 Debit Accounts Receivable 20,580: Credit Sales Revenue 20,580 Debit Accounts Receivable 21,000; Credit Sales Revenue 21,000 Debit Accounts Receivable 20,580 and Sales Discounts 420; Credit Sales Revenue 21,000
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