On November 10 of the current year, Flores Mills provides services to a customer for $8,000 with credit terms 2/10, n/30. The customer made the correct payment on December 5. How would Flores record the collection of cash on December 5?A.Cash7,840    Accounts Receivable 7,840B.Cash7,840  Sales Discounts160    Accounts Receivable 8,000C.Cash7,840  Sales Revenue160    Accounts Receivable 8,000D.Cash8,000    Accounts Receivable 8,000

A. Option A
B. Option B
C. Option C
D. Option D


Answer: D

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