The collection of an $900 account within the 2 percent discount period will result in a
A) debit to Sales Discounts for $18.
B) debit to Accounts Receivable for $882.
C) credit to Cash for $882.
D) credit to Accounts Receivable for $882.

Question

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The Answer of The collection of an $900 account within the 2 percent discount period will result in a
A) debit to Sales Discounts for $18.
B) debit to Accounts Receivable for $882.
C) credit to Cash for $882.
D) credit to Accounts Receivable for $882.

The Collection of an $900 Account Within the 2 Percent