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TB MC Qu. 7-49 (Algo) Oswego Clay Pipe Company sold... Oswego Clay Pipe Company sold $46,300 of pipe to Southeast Water District #45 on April
TB MC Qu. 7-49 (Algo) Oswego Clay Pipe Company sold... Oswego Clay Pipe Company sold $46,300 of pipe to Southeast Water District #45 on April 12 of the current year with terms 4/15, 1/60 Oswego uses the gross method of accounting for sales discounts. What entry would Oswego make on April 23, assuming the customer made the correct payment on that date? Multiple Choice O Cash Accounts receivable Sales 46,300 44,448 1.852 Cash Sales discounts Accounts receivable 44,448 1,852 46,300 Cash Accounts receivable Sales 46,300 44,448 1.852 Cash Sales discounts Accounts receivable 44,448 1,852 46,300 Cash Sales discounts Accounts receivable Sales discounts forfeited 46,00 1,852 46,100 1.852 (cash Sales Accounts receivable 44,448 1.852 46,300 Paou 2727 HHH
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