The Entry to Record a Sale of $700 with Terms

question 92

Multiple Choice

The entry to record a sale of $700 with terms of 2/10, n/30 will include a

• A) credit to Sales Discounts for $14.
• B) debit to Cash for $686.
• C) credit to Accounts Receivable for $700.
• D) credit to Sales Revenue for $700.

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Definitions:

Freudian Methods

Psychological techniques developed by Sigmund Freud that focus on exploring unconscious motivations and conflicts as a pathway to understand and treat psychological issues.

Psychodynamic

An approach in psychology which emphasizes the systematic study of the psychological forces that underlie human behavior, feelings, and emotions.

Psychotherapy

A form of therapy involving psychological methods, particularly when based on regular personal interaction, to help a person change behavior and overcome problems in desired ways.

Underlying Drives

Fundamental motivations or impulses that influence behavior and decision-making.