Multiple Choice
Rockhill Industries received payment after the expiration of the discount period from a customer who had purchased goods on credit.The sales invoice was for $3 000 and credit terms were 3/15 n/30.Ignore GST.In the cash receipts journal:
A) $3 000 will appear in the accounts receivable credit column.
B) $3 000 will appear in the sales revenue credit column.
C) $3 000 will appear in the accounts receivable debit column.
D) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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