Oswego Clay Pipe Company provides services of $47,400 to Southeast Water District #45 on April 12 of the current year with terms 1/15, n/60. What would Oswego record on April 12?
A. Accounts Receivable 46,926 Sales Revenue 46,926
B. Accounts Receivable 47,400 Sales Revenue 46,926
Sales Discounts 474
C. Accounts Receivable 47,400 Sales Revenue 47,400
D. Accounts Receivable 47,400 Sales Discounts 474 Sales Revenue 47,874
Multiple Choice
Option A
Option B
Option C
Option D
