Maria's Blankets and Bedding had a sale of $450 to a charge customer,terms 1/15,n/30.Maria should record this transaction as follows:
A) debit Accounts Receivable $450;credit Sales $450.
B) debit Cash $450;credit Sales $450.
C) debit Accounts Receivable $346.50;debit Sales Discounts $4.50;credit Sales $450.
D) debit Sales $450;credit Accounts Receivable $450.
Correct Answer:
Verified
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