The collection of a ¥9,000 account within the 2 percent discount period will result in a
A) debit to Sales Discounts for ¥180.
B) debit to Accounts Receivable for ¥8,820.
C) credit to Cash for ¥8,820.
D) credit to Accounts Receivable for ¥8,820.
Correct Answer:
Verified
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