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10-04-2024
Business

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On July 9, Vaughn Company sells goods on credit to Cullumber Company for $6300, terms 2/10,n/60. Vaugha receives payment on July 18. The entry by Vaughn on July 18 is:
A) Cash 6300 6300 Accounts Receivable 6300
B) Cash 6174 Sales Discounts 126 Accounts Receivable 6300
C) Cash 6300 Sales Discounts 126 W Accounts Receivable 6174
D) Cash 6426 Sales Discounts 126 Accounts Receivable 6300

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