Answer:
$ 200
Explanation:
Data provided in the problem :
Credit sales amount = $ 10,000
Terms = 2/10
i.e the return period is 10 days
discount rate is 2%
since, the buyer pays within the discount period
thus,
the debit the sales discount account = discount rate × Credit sales
or
the debit the sales discount account = 0.02 × $ 10,000 = $ 200
