Dollar Co. sold merchandise to Pound Co. on account, $25,500, terms 2/15, net 45. Pound Co. paid the invoice within the discount period. What is the sales amount to be recorded in the above transactions?

A) $25,500
B) $26,010
C) $24,990
D) $16,000

The sales amount to be recorded remains the original amount of $25,500. However, because Pound Co. paid within the discount period, they are entitled to a 2% discount. The actual amount paid by Pound Co. would be $25,500 - ($25,500 * 2%) = $25,500 - $510 = $24,990. The question asks for the sales amount to be recorded, which does not change due to the payment terms and remains at the original value of $25,500. However, the correct calculation based on the discount would indeed result in $24,990 being the amount paid, but this does not alter the recorded sales amount. My initial response was incorrect in interpreting the question's focus; it asked for the recorded sales amount, not the amount paid after the discount.