11) Cash is received for inventory which was previously sold on 30-day credit for $20,000. Which of the following transactions is correct? a) Credit Cash $20,000, Debit Accounts Payable $20,000 b) Debit Cash $20,000, Credit Accounts Receivable $20,000 c) Debit Cash $20,000, Credit Accounts Payable $20,000 d) Credit Inventory $20,000, Debit Accounts Receivable $20,000 e) Debit Inventory $20,000, Credit Accounts Receivable $20,000