Question: Using a a perpetual inventory system, the sellers journal entry to record the payment for merchandise, received from the buyer, within the discount period includes

Using a a perpetual inventory system, the sellers journal entry to record the payment for merchandise, received from the buyer, within the discount period includes a:

Select one:

A. Debit to Accounts Receivable

B. Credit to Sales Discounts

C. Debit to Cost of Goods Sold

D. Debit to Sales Discounts

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