12 The collection of a $600 account within the 2 percent discount period will result in a O a. debit to Sales Discounts for $12. O b. credit to Cash for $588. O c.credit to Accounts Receivable for...

This multible choice question from ACCOUNTING PRINCIPLES I.
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Extracted text: 12 The collection of a $600 account within the 2 percent discount period will result in a O a. debit to Sales Discounts for $12. O b. credit to Cash for $588. O c.credit to Accounts Receivable for $588. O d. debit to Accounts Receivable for $588. 3 Which of the following would not result in unearned revenue? O a. Sale of tickets to five football games O b. Rent collected in advance O c. Sale of two-year magazine subscriptions O d. Services performed on account