Question

Kristi's Pottery sold 200 tiles at $25.00 each to a charge customer, terms 1/10, n/30. Which entry is required to record this transaction?
A ) Debit Accounts Receivable $4,050; debit Sales Discount $50.00; credit Tile Sales $5,000

B ) Debit Cash $5,000; credit Tile Sales $5,000

C ) Debit Accounts Receivable $4,050; credit Tile Sales $4,050

D ) Debit Accounts Receivable $5,000; credit Tile Sales $5,000

Answer 1

The answer to your questions is letter D. Debit Accounts Receivable $5,000; Credit Tile Sales $5,000.

Answer 2

Debit Accounts Receivable $5,000; credit Tile Sales $5,000