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Question Content Area Merchandise with a sales price of $4,000 is sold on account with terms 2/10, n/30. The entry to journalize the sale under

Question Content Area

Merchandise with a sales price of $4,000 is sold on account with terms 2/10, n/30. The entry to journalize the sale under the net method would include a

a.debit to Customer Refunds Payable for $80

b.debit to Cash for $4,000

c.debit to Accounts Receivable for $4,000

d.credit to Sales for $3,920

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