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Use the information below to answer Accounts Receivable Control Account Date Particulars $ Debit $ Credit $ Balance 1 Oct Balance 740 dr 8 8

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Use the information below to answer Accounts Receivable Control Account Date Particulars $ Debit $ Credit $ Balance 1 Oct Balance 740 dr 8 8 Discount allowed 7 733 dr The corresponding entry for the transaction recorded on the 8th Oct is : Select one: dr Accounts Receivable Control Account $733 cr Accounts Payable Control Account $740 cr Discount Received $7 dr Discount Allowed $7

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