Merchandise with a sales price of $9,300 is sold on account with terms 2/10, n/30. The journal entry to record the sale would include a:. a. debit to Accounts Receivable for $9,300 b. debit to Cash for $9,300 c. debit to Customer Refunds Payable for $186 d. credit to Sales for $9,114

A) debit to Accounts Receivable for $9,300

Explanation:

The journal entry to record the sale should be:

XX, YY, merchandise sold on account, credit terms 2/10, n/30

Dr Accounts receivable 9,300

    Cr Sales revenue 9,300

Credit terms 2/10, n/30 means that if the customer pays within the discount term (10 days) they will get a 2% discount. If the customer pays after the discount term and before 30 days, they have to pay the full invoice price.

The correct answer is Option A.

Explanation:

The appropriate entries that would be recorded are, regardless of the discounts offered:

Debit Accounts receivable          $9,300

Credit Sales revenue                   $9,300

(To record sales transaction)

The above journals hold until the discount is established. The cash discount terms of 2/10, n/30 means 2% cash discount if paid within 10 days of the credit sale and net 30 means payment of full invoice within 30 days. The essence of the 2% cash discount is to encourage early payment of credit sale.

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

an important city to the south and the region's capital is c. kiev