Action Signs recorded credit sales of $10,000 using the gross method. Terms are 2/20, n/30. Select the correct statement about the journal entry to record this sale. Accounts receivable increases $10,000. Sales increase $9,800 Sales discounts increase $200 All of the above are correct Net accounts receivable is equal to: The difference between the balance of accounts receivable and bad debt losses incurred in the current period. The difference between the balance of accounts receivable and the amount of uncollected accounts written off to date The difference between the balance of accounts receivable and total sales returns and allowances and sales discounts. The difference between the balances of accounts receivable and the allowance for doubtful accounts