Test #2, Chaps 4, 5 and 6 4 Help Save & Exit Submit On February 3, Smart Company sold merchandise in the amount of $2,600 to Truman Company, with credit terms of 2/10, n/30. The cost of the items sold is $1,800. Smart uses the perpetual inventory system and the gross method. Truman pays the invoice on February 8, and takes the appropriate discount. The journal entry that Smart makes on February 8 is: 10 points Multiple Choice x aw Cash 1,720 Accounts receivable 1,720 Cash Sales discounts Accounts receivable Cash Accounts receivable 2,546 52 2,600 1,800 1,800 < Prev 4 of 9 Next > Mc Graw Hill look Cash 2,600 Accounts receivable 2,600 Cash Sales discounts Accounts receivable 139 W 2,520 36 2,556 < Prev 4 of 9 Next > MacBook Air 9869 D