Ramos Company receives a payment on account from Martinez Industries.Based on the original sale of $12,000 using the periodic inventory approach, Ramos honors the 3% cash discount and records the payment.Which of the following is the correct entry for Ramos to record? 
Definitions:
Afterlife
The belief in a life or existence that follows death, varying significantly across different religions and philosophical beliefs.
Spanish Conquering
Refers to the period of expansion and colonization by Spain, notably in the Americas, which led to significant cultural and demographic changes.
Indian Resistance
The opposition and struggles of Native American tribes against colonization, displacement, and policies detrimental to their societies, cultures, and lands.
Q75: Which of the following accounts is increased
Q75: The entry to record the return of
Q79: On November 1, 2021, Weller Industries, which
Q85: Which of the following errors, each considered
Q144: An error in the physical count of
Q145: As the president of Harter Company, you
Q176: Cash and supplies are both classified as
Q181: When using a perpetual inventory system, why
Q184: Which of the following would <b>not</b> be
Q206: A trial balance is a listing of<br>A)transactions