d. cash 12. The entry to record the sale of merchandise for cash includes a: a. debit to accounts receivable b. credit to sales discounts C. debit to sales revenue d. credit to sales revenue 13. A merchandiser received payment in full within the discount period on a P2,000 sales invoice, terms 2/15, n/30. The journal entry would include a: debit to cash for P2,000 credit to accounts receivable for P2,000 credit to accounts receivable for P2,040 d. a. b. C. credit to sales discounts for P40

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.