Barton health services provided care to a patient worth $1,200. because the patient was over the age of 65, barton granted the patient a 20% discount and the customer paid the correct amount in cash. how would barton record the service transaction?
a. cash 960
service revenue 960
b. cash 960
trade discount 240
service revenue 1,200
c. cash 1,200
service revenue 1,200
d. cash 1,200
trade discount 240
service revenue 960

B. Cash 960

Trade Discount 240

Service Revenue 1,200

Explanation:

The customer will pay the discounted amount so:

1,200 - 20% = 1,200 - 240 = 960 cash proceeds

Then, the company will record the discount as this is a business policy. The reason the discount is given was because the patient has over 65 years-old

Finally the service revenue will be in the full amount. Later on the income statement, the discount and allowance will give us the net sales.

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.

answer; im thinking customer: