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Question 4 of 30 < View Policies Current Attempt in Progress -/2 E On April 2, Kelvin sold $33000 of inventory items on credit

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Question 4 of 30 < View Policies Current Attempt in Progress -/2 E On April 2, Kelvin sold $33000 of inventory items on credit with the terms 2/10, net 30. Payment on $19800 sales was received on April 8 and the remaining payment on $13200 sales was received on April 27. Assuming Kelvin uses the net method of accounting for sales discounts, the entry recorded on April 27 would include a: O debit to Accounts Receivable and credit to Sales Revenue for $33000. O debit to Cash and credit to Sales Discounts Forfeited for $660. O debit to Cash for $13200 and credit to Sales Discounts Forfeited for $264. O debit to Cash and credit to Accounts Receivable for $12936.

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