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chasidyshipman
chasidyshipman chasidyshipman
  • 24-02-2017
  • Business
Answered

Heidi’s Accessories bought 50 necklaces for $10 each on account. 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 purchase would include a debit to A. Accounts Payable for $530. B. Accounts Payable for $500. C. Purchases for $530. D. Purchases for $500.

Verified Answer :

Anonymous Anonymous
  • 24-02-2017

. D. Purchases for $500.

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