Sara's Jewelry sold

20

necklaces for

$40

each to a customer on credit. The jeweler uses the perpetual inventory system and the necklaces cost $10 each. The invoice included a

4%

sales tax and payment terms of

4/10,

n/30. In addition, 5 necklaces were returned prior to payment. The entry or entries to record the original sale would include: (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

Question content area bottom

Part 1

a debit to Sales for

$832.

B.

a debit to Accounts Receivable for

$832.

C.

a debit to Accounts Receivable for

$800.

D.

a debit to Sales for

$800.