Business, 04.03.2020 23:39, caguil00

Pierce Company sold merchandise to Stanton Company on account FOB shipping point, 2/10, net 30, for $9,900. Pierce prepaid the $294 shipping charge. Which of the following entries does Pierce make to record this sale? a. Accounts Receivable—Stanton, debit $9,900; Sales, credit $9,900 b. Accounts Receivable—Stanton, debit $9,702; Sales, credit $9,702, and Accounts Receivable—Stanton, debit $294; Cash, credit $294 c. Accounts Receivable—Stanton, debit $9,900; Sales, credit $9,900, and Delivery Expense, debit $294; Cash, credit $294 d. Accounts Receivable—Stanton, debit $10,194; Sales, credit $10,194

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Pierce Company sold merchandise to Stanton Company on account FOB shipping point, 2/10, net 30, for...