Seven Company sold 100 units of merchandise to a customer on account. The units have a list price of $500 each.Three Company gave the customer a 2% trade discount.The correct journal entry to record the transaction would include... (Ignore cost of goods sold and inventory effects.)

a. A debit to accounts receivable for $49,000.

b. A debit to trade discounts for $1,000.

c. A credit to allowance for trade discounts for $1,000.

d. A debit to accounts receivable for $50,000