Using the Net Method, which of the following journal entries

Last updated: 7/17/2022

Using the Net Method, which of the following journal entries accurately reflect merchandise invoiced at $550 with terms of 2/10 net 30? a. debit accounts receivable $550/credit sales revenue $550 b. debit sales revenue $539/credit accounts receivable $539 c. debit accounts receivable $539/credit sales revenue $539 d. debit sales revenue $550/credit accounts receivable $550