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Bogdan [553]
2 years ago
4

Claire provide $100 of services to customers on account with terms 2/10, n/30. The Service Revenue account is credited for $100.

If the customer pays within 10 days, Claire will record which of the following?Debit Sales Discount $2Debit Cash $98Credit Account Receivable $1005.
Business
1 answer:
slega [8]2 years ago
5 0

Answer:

The journal entry made to record the sale was:

Month/day, service provided on account to XYZ corp. (2/10, n/30):

Dr Accounts receivable 100

    Cr Service revenue 100

The journal entry to record the payment would be:

Month/day, payment collected from XYZ corp.:

Dr Cash 98

Dr Sales discount 2

    Cr Accounts receivable 100

*Sales discount is a contra revenue account that decreases sales revenue.

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Answer:

$1000

Explanation:

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castortr0y [4]
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Babette is a manager at a fast-food outlet. Recently, her employees have been coming in late, and she wants to change their beha
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klasskru [66]

Answer:

The correct answer is:

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