Sally Beauty Warehouse uses the perpetual inventory system to account for its merchandise. On Nov 2, it sold $700 of merchandise on credit with terms of 2/15,n/30. Demonstrate the required journal entry to record the receipt of payment from the customer on Nov 13, by selecting all of the correct actions below.
a. Credit Accounts Receivable $700.
b. Debit Sales Discounts $14.
c. Credit Sales Discounts $14.
d. Debit Cash $686.
e. Debit Accounts Receivable $700.
f. Debit Cash $700.