Bonita Company sells merchandise on account for $4900 to Carla Vista Company with credit terms of 1/10, n/30. Carla Vista Company returns $700 of merchandise that was damaged, along with a check to settle the account within the discount period. What entry does Bonita Company make upon receipt of the check?
a) Cash 4158
Sales Returns and Allowances 742
Accounts Receivable
b) Cash
Sales Discounts 4900 4851 49
Sales Returns and Allowances 700
Accounts Receivable 4200
c) Cash 4200 4200
Accounts Receivable
d) Cash
Sales Returns and Allowances
Sales Discounts 4158 700 42
Accounts Receivable 4900