On December 1,Macy Company Sold Merchandise with a Selling Price

On December 1,Macy Company sold merchandise with a selling price of $9,000 on account to Mrs.Jorgensen,with terms 4/10,n/30.On December 3,Mrs.Jorgensen returned merchandise with a selling price of $700.Mrs.Jorgensen paid the amount due on December 9.What journal entry did Macy Company prepare on December 9 assuming the gross method is used?

A) Debit Cash for $7,968 and credit Accounts Receivable for $7,968.
B) Debit Sales Revenue for $7,968,debit Sales Discounts for $332,and credit Accounts Receivable for $8,300.
C) Debit Sales Revenue for $8,300,credit Sales Discount for $332 and credit Cash for $7,968.
D) Debit Cash for $7,968,debit Sales Discounts for $332,and credit Accounts Receivable for $8,300.