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Martin Corporation Used the Gross Method of Recording Purchases,the Voucher

Question 6

Multiple Choice

Martin Corporation used the gross method of recording purchases,the voucher system and the periodic inventory method.A purchase of $6,000,2/15,n30 would be recorded as:


A) debit Purchases $6,000;credit Accounts Payable $6,000.
B) debit Purchases $6,000;credit Vouchers Payable $6,000.
C) debit Purchases $5,880;credit Accounts Payable $5,880.
D) debit Purchases $5,880;credit Vouchers Payable $5,880.

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