Sue's Jewelry sold 20 necklaces for $25 each to a credit customer. The invoice included a 6% sales tax and payment terms of 2/10, n/30. Five necklaces were returned prior to payment. The entry to record the original sale would include a debit to

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Answer:

The right answer for the question that is being asked and shown above is that: " B. Accounts Receivable for $500." Sue’s Jewelry sold 20 necklaces for $25 each to a credit customer. The invoice included a 6% sales tax and payment terms of 2/10, n/30. Five necklaces were returned prior to payment. The entry to record the original sale would include a debit to accounts Receivable for $500. 

"Accounts Receivable for $530. B. Accounts Receivable for $500. C. Sales for $530. D. Sales for $500."

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