A merchandiser receives payment in full after the expiration of the discount period on a P3,000 sales invoice, terms 3/15, n/30. The journal entry would include a: debit to cash for P2,910 credit to...

A merchandiser receives payment in full after the expiration of the discount period on a P3,000 sales invoice, terms 3/15, n/30. The journal entry would include a: debit to cash for P2,910 credit to accounts receivable for P2,910 debit to accounts receivable for P3,000 debit to cash for P3,000