Gappule Corp

question 37

Multiple Choice

Gappule Corp.made a $10,000 sale on account with terms: of 1/15,n/30.If the company uses the net method,which of the following will be included in the journal entry to record customer payment within the discount period?

• A)credit Accounts Receivable $10,000
• B)debit Sales Discounts Forfeited $100
• C)credit Sales Revenue $9,900
• D)debit Cash $9,900

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Definitions:

Cerebellum

A region of the brain that plays an important role in motor control, coordination, precision, and timing.

Bodily Coordination

The harmonious function and synchronization of body parts and movements, often reflecting physical skill or athletic ability.

Electrical Stimulation

The use of electrical impulses to induce a response in tissues, often used for therapeutic purposes or in research.

Brain Structure

The physical arrangement and organization of the various components of the brain.