Multiple Choice
Secret Trails received payment in full within the credit period for horse boarding for $900 plus 6% sales tax.Terms of the sale were 2/10,n/30.Which entry is required to record this?
A) Debit Cash,$900;credit Sales,$900
B) Debit Cash,$936;debit Sales Discount $18;credit Accounts Receivable,$954
C) Debit Cash,$954;credit Sales,$954
D) Debit Cash,$936;credit Sales,$936
Correct Answer:

Verified
Correct Answer:
Verified
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