US Weygandt, Accounting Principles, 13e Help | System Announcements ER CALCULATOR PRINTER VERSION 1 BACK NEXT ICES Multiple Choice Question 101 Concord Company sells merchandise on account for $3300 to Pharoah Company with credit terms of 1/10, n/30. Pharoah Company returns $800 of merchandise that was damaged, along with a check to settle the account within the discount period. What entry does Concord Company make upon receipt of the check? O Cash 3267 Sales Discounts 33 Sales Returns and Allowances 800 Accounts Receivable 2500 O Cash 2500 Accounts Receivable 2500 O Cash 2475 Sales Returns and Allowances 825 Accounts Receivable 3300 O Cash 2475 Study Sales Returns and Allowances 800 Sales Discounts 25 Accounts Receivable 3300 Click if you would like to Show Work for this question: Open Show Work