Question
Question Content Area Merchandise with a sales price of $1,800 is sold on account with terms 2/10, n/30. The journal entry for the sale would
Question Content Area
Merchandise with a sales price of $1,800 is sold on account with terms 2/10, n/30. The journal entry for the sale would include a
a. debit to Sales Discounts for $36
b. debit to Accounts Receivable for $1,744
c. debit to Cash for $1,800
d. credit to Sales for $1,764
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel
3rd Edition
0470377852, 978-0470377857
