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Welcome to Jefferson in Unit 5-18FLUC2-ACCX-111-1 Begin: Unit 5 - Chapter 6 Qu Take...

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Welcome to Jefferson in Unit 5-18FLUC2-ACCX-111-1 Begin: Unit 5 - Chapter 6 Qu Take Test: Unit 5-Chapter 6 Q1 https://bblearn.philau.edu/webapps/assessment/take/aunchJSp?cou ( 130%) Search Question Completion Status: QUESTION 4 2 points Company Alpha has Sales of $800,000, Sales Discounts of $40,000 and Sales Returns of $50,000. How will this be shown on the Income Statement? O With net sales of $710,000 O With net sales of $890,000 o With net sales of $790,000 o With net sales of $810,000 QUESTION5 On March 1, 200X Bravo Company sells $6,000 of services on credit terms offering a 2% discount if paid within ten days. They are paid on March 3. The customer takes the discount, what is Bravo Company's accounting entry 2 point on March 3, 200x? o Debit cash $6,000, credit accounts receivable $6,000

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