Answer: Debit Accounts Receivable for $24,500.
Step-by-step explanation:
Based on the information that have been provided in the question, we should first know that under the net method, sales discount is not used.
Therefore, to record the sales that are made on credit will be:
Debit: Accounts receivables by:
= $25000 – (2% × $25,000)
= $25,000 - (0.02 × $25000)
= $25000 - $500
= $24,5000
Credit: Sales Revenue.
Therefore, the answer is Debit Accounts receivables for $ 24500