The Entry to Record the Receipt of Payment Within the Discount

question 38

Multiple Choice

The entry to record the receipt of payment within the discount period on a sale of $¥7,500$ with terms of $2 / 10 , n / 30$ will include a credit to

• A) Sales Discounts for \( ¥ 150 \).
• B) Cash for \( ¥ 735 \).
• C) Accounts Receivable for \( ¥ 7,500 \).
• D) Sales for \( ¥ 7500 \).

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Definitions:

Qualitative Research

A research method focusing on understanding phenomena through detailed, subjective descriptions and analysis rather than numerical data.

Research Methods

The systematic approaches and techniques used to conduct scientific investigations and collect data.

Types

Categories or classifications that share common characteristics within a broader group or concept.

Observational Methods

Research techniques that involve watching and recording the behaviors of subjects in their natural environment without interference.