Adidea Corp. received $4,000 cash for merchandise sold, $1,200 cash for an accounts receivable payment, and $500 cash for a loan payment. How would the company record these transactions in its cash receipt journal? 

A. Income 4,000; Debtors 500; Sundry 1,200 

B. Income 500; Debtors 1,200; Sundry 4,000 

C. Income 4,000; Debtors 1,200; Sundry 500 

D. Income 1,200; Debtors 500; Sundry 4,000