Top Posters
Since Sunday
c
6
r
4
c
3
m
3
h
3
1
3
n
3
s
3
d
3
c
3
a
3
r
3
New Topic  
upton upton
wrote...
Posts: 942
Rep: 0 0
7 years ago
Sue's Jewelry sold 20 necklaces for $25 each to a credit customer. The invoice included a 6% sales tax and payment terms of 2/10, n/30. In addition, 5 necklaces were returned prior to payment. The entry to record the original sale would include:
A) a debit to Accounts Receivable for $500.
B) a debit to Sales for $530.
C) a debit to Accounts Receivable for $530.
D) a debit to Sales for $500.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
Read 561 times
2 Replies
Replies
Answer verified by a subject expert
AugustisAugustis
wrote...
Top Poster
Posts: 994
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

wrote...
4 years ago
thank you
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1292 People Browsing
Related Images
  
 693
  
 899
  
 4490