Question 47 View Policies Current Attempt in Progress On July 9. Crane Company sells goods on credit to Blossom Company for $4000, terms 1/10, 1/60. Crane receives payment on July 18. The entry by Crane on July 18 is: Cash 4000 Accounts Receivable 4000 o Cash 4000 Sales Discounts Accounts Receivable 40 3960 3960 Cash Sales Discounts Accounts Receivable 40 4000 4040 Sales Discounts Accounts Receivable 40 4000