Use the information above to answer the following question.What journal entry will be prepared by Darin Company on October 8 to record the receipt of payment from Dee?
A) Debit Cash and credit Accounts Receivable for $6,500
B) Debit Cash for $5,880, debit Sales Discount for $120, and credit Accounts Receivable for $6,000
C) Debit Cash for $6,370, debit Sales Discount for $130, and credit Accounts Receivable for $6,500
D) Debit Cash for $6,300, debit Sales Returns & Allowances for $200, and credit Accounts Receivable for $6,500

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The Answer of Use the information above to answer the following question.What journal entry will be prepared by Darin Company on October 8 to record the receipt of payment from Dee?
A) Debit Cash and credit Accounts Receivable for $6,500
B) Debit Cash for $5,880, debit Sales Discount for $120, and credit Accounts Receivable for $6,000
C) Debit Cash for $6,370, debit Sales Discount for $130, and credit Accounts Receivable for $6,500
D) Debit Cash for $6,300, debit Sales Returns & Allowances for $200, and credit Accounts Receivable for $6,500

Use the Information Above to Answer the Following Question