Pierce Company sold merchandise to Stanton Company on account FOB shipping point, 2/10, net 30, for $9,900. Pierce prepaid the $294 shipping charge. Which of the following entries does Pierce make to record this sale? a. Accounts Receivable—Stanton, debit $9,900; Sales, credit $9,900 b. Accounts Receivable—Stanton, debit $9,702; Sales, credit $9,702, and Accounts Receivable—Stanton, debit $294; Cash, credit $294 c. Accounts Receivable—Stanton, debit $9,900; Sales, credit $9,900, and Delivery Expense, debit $294; Cash, credit $294 d. Accounts Receivable—Stanton, debit $10,194; Sales, credit $10,194

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?