Answer:
D. Cash 8,000
Accounts Receivable 8,000
Explanation:
We should analize the credit terms:
2/10 --> the purchases is subject to a 2% discount if payment made within 10 days
n/30 --> the purchase will be settle at nominal within first 30 days
On December 5th the payment is within the first 30 days, so the amount to paid is the nominal amount: 8,000
The business will receive Cash for 8,000 and it will credit accounts receivable to reflect the payment of the customer.
