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Betsy's Pottery Sold 200 Tiles at $25

Question 6

Multiple Choice

Betsy's pottery sold 200 tiles at $25.00 each to a charge customer,terms 1/10,n/30.Which entry is required to record this transaction?


A) Debit Cash $5,000;credit Tile Sales $5,000
B) Debit Accounts Payable $4,050;credit Tile Sales $4,050
C) Debit Accounts Receivable $4,050;debit Sales Discount $50.00;credit Tile Sales $5,000
D) Debit Accounts Receivable $5,000;credit Tile Sales $5,000

Correct Answer:

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