8:2
divide each side by 2
4:1
For every _8_ books sold there were _2_ movies sold OR
For every _4_ books sold there were _1_ movies sold
4 because when rounded to the nearest tenths it will not increase the number as it is below 5
Answer and Step-by-step explanation:
The journal entries are shown below:
On March 12
Account receivable A/c Dr $11,000
To Sales $11,000
(Being the goods are sold on credit)
On March 11
Cash $10,780
Sales discount ($11,000 × 2%) $220
To Account receivable $11,000
(Being the cash received is recorded)
Only these two entries are recorded
Since the payment is made within 10 days so Grace hospital is eligible for the discount
