On March 3, Bruce Incorporated sold 50 printers to Office Rental Company at $600 each...

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Accounting

On March 3, Bruce Incorporated sold 50 printers to Office Rental Company at $600 each and offered a 3% discount for payment within 10 days. On March 12, Office Rental Company paid the full amount in cash. What should Bruce Inc. record on March 12?
Transaction
Account Title
Debit
Credit
A.
Cash
60,000
Accounts Receivable
60,000
B.
Cash
58,800
Accounts Receivable
58,800
C.
Cash
30,000
Sales Discounts
900
Accounts Receivable
30,900
D.
Cash
29,100
Sales Discounts
900
Accounts Receivables
30,000

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