The Entry to Record a Sale of $525 with Terms

question 95

Multiple Choice

The entry to record a sale of $525 with terms of 2/10, n/30 will include a

• A)debit to Sales Discounts for $10.50.
• B)debit to Sales for $514.50.
• C)credit to Accounts Receivable for $525.
• D)credit to Sales for $525.

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Definitions:

Power

The capacity or ability to direct or influence the behavior of others or the course of events, often within social, economic, or political contexts.

Dominance

The power or influence one entity has over others, often seen in social, economic, or ecological contexts.

Abstinence Pledges

Commitments often made by individuals, particularly teenagers, to abstain from sex until marriage.

Virginity

A social and cultural concept often defined as the state of having never engaged in sexual intercourse.