What is the correct entry for Flores on November 17, assuming the correct payment was received on that date?

DR Cash                                                                  $7,154

     Sales Discount                                                    $146

      CR Accounts Receivable                                                        $7,300

Explanation:

The credit term 2/10, n/30 means that the person can get a discount of 2% on the goods purchased if they pay within 10 days otherwise they will have to pay the full amount within 30 days.

The payment was made in 7 days so the customer qualifies for a 2% discount.

Cash = 7,300 * ( 1 - 2%)

= $7,154

Sales Discount = 7,300 * 2%

= $146

idk sorry

explanation:

answer; specific performance;