gingerch1109 gingerch1109

31-03-2017
Business

contestada

A received payment within the discount period for previously merchandise sold will be recorded with a __________.
A. credit to an asset account
B. debit to a liability account
C. debit to Capital
D. none of the above

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Aliwohaish12 Aliwohaish12

31-03-2017

D. None of the above
Because
The amount of discount recorded as expenses in income statement and the merchandise sold recorded as revenue

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09-07-2018

The correct answer to the question is letter A. Credit to an asset account.

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