Juice Drinks sold merchandise on December 1 at a $500 invoice price, net $495, with terms of 1/10, n/30 and received cash payment on December 4, within the discount period. Determine its entry to record this sale and the subsequent receipt of cash under both the gross method and the net methods by matching the action on the left with the method on the right. (Assume a perpetual inventory system.)

Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than $6,000 per day.c)reject the null hypothesis and conclude the mean is lower than $6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day.expert answer