keAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=D&inprogress-false Up Pierce Company sold to Stanton Company merchandise on account FOB shipping point, 2/10, net B0, for $600....

Extracted text: keAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=D&inprogress-false Up Pierce Company sold to Stanton Company merchandise on account FOB shipping point, 2/10, net B0, for $600. Pierce prepaid the $40 shipping charge. Which of the following entries does Pierce make to record this sale? O Accounts Receivable-Stanton, debit $40; Sales, credit $40 O Accounts Receivable-Stanton, debit $588; Sales, credit S588, and Accounts Receivable-Stanton, debit $40, Cash, credit S40 Accounts Receivable-Stanton, debit $640; Sales, credit $640 O Accounts Receivable-Stanton, debit $40: Sales, credit $40, and Transportation Out, debit S600, Cash, credit S600 Previous Next 6:28 PM earch 38 3/22/2021