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Your company uses the Periodic Inventory method. Your vendor offers you terms of 2/10, net 30. What will your journal entry include to recognizing payment

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Your company uses the Periodic Inventory method. Your vendor offers you terms of 2/10, net 30. What will your journal entry include to recognizing payment within the grace period? Select one: O a.cr. Accounts Payable O b. cr. Purchases Discounts O c. dr. Cash O d.cr. Accounts Receivable O ecr. Merchandise Inventory Your company uses the Perpetual Inventory method. Your vendor offers you terms of 2/10, net 30. What will your journal entry include to recognizing payment within the grace period? Select one: O a. dr. Cash O b. cr. Purchases Discounts O c.cr. Accounts Receivable O d.cr. Merchandise Inventory O ecr. Accounts Payable Your company offers terms of 2/10, net 30 for all sales made on-account. You made a $100 sale to Jane Doe. What is your journal entry when she pays within the grace period? dr. Cash $ Choose... - dr. Sales Discounts $ Choose... - cr. Accounts Receivable $ Choose... . Choose... 100 thod 98 Your company uses the Perpetu Your vendor offers you terms o What will your journal entry inc 0 zing payment within the grace period? 102 Select one: O a. dr. Cash 2

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