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x Company sold merchandise to customer by $20500 term 2/10, net 30, the cost of goods sold (CGS) is $15000, after 3 days they granted

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x Company sold merchandise to customer by $20500 term 2/10, net 30, the cost of goods sold (CGS) is $15000, after 3 days they granted customer so for suits Pretums has a cost $300, what is the entry of cash collection from A/R using perpetual system if cash was received during discount period (10 days) Debit Car S20090, 0ebit Sales Discount 5410 und Credit A/R$20900.0 Debit Cuth $20090, Debit Inventory 5410 und Credit A/R 510500 Debit Can S49600, Debit inventory $400 and Credit A/R 520000 Debt Coah 519600, Debit Sales Discount $400 and Credit A/R 5200000

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