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Business, 13.11.2019 06:31 lol6998

Myers and company sold $1,800 of merchandise on account to oscar, inc. on march 1 with credit terms of 2/10, n/30. oscar returned $500 of the merchandise due to poor quality on march 3. if oscar pays for the purchase on march 11, what entry does myers make to record receipt of the payment?

entry field with correct answer

cash 1,800

sales discount 36

accounts receivable 1,764

cash 1,764

accounts receivable 1,764

cash 1,800

sales returns and allowances 500

accounts receivable 1,300

cash 1,274

sales discount 26

accounts receivable 1,300

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