Eurobake Inc.made a $10,000 sale on account with terms: of 1/15,n/30.If the company uses the net method,which of the following will be included in the journal entry to record the sale on account?
A) debit Accounts Receivable $10,000
B) debit Accounts Receivable $9,900
C) debit Sales Discount Forfeited $100
D) credit Sales Discount Forfeited $100
Correct Answer:
Verified
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