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Yoshi Industries soid $65,000 of merchandise on account on April 1 st. The terms of the sales were 3/10. n/30. Suppose the company uses the

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Yoshi Industries soid $65,000 of merchandise on account on April 1 st. The terms of the sales were 3/10. n/30. Suppose the company uses the net mothod for recording sales discounts. Which of the following will be included in the journal entry to record customer payment if the customer paid for the merchandise on April 5 th? debit Sales Discount (a contra-revenue) for 1,950 debit Cash for 63,050 credit fevenue for 63,050 oredif Accounts Receivable for 65,000 None of these choices credit Sales Discount Forfeited (a revenue) for 1.950

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