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
Answer: D
Business
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