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D Question 6 pts Femando Company sold goods for a total selling price of $7,800. The sale was made on account. The terms of the

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D Question 6 pts Femando Company sold goods for a total selling price of $7,800. The sale was made on account. The terms of the sale are 4/20, n/60. When Fernando recorded this credit sale, Fernando debited Accounts Receivable for $7,800. Assume that Fernando collects the cash 15 days after the sale. Which ONE of the following is included in the journal entry Fernando Company must make to record the receipt of cash after 15 days? Note: We are NOT recording the original sale, instead, we are recording the subsequent collection of the cash on account. O A DEBIT to Cash for $7,800 O ACREDIT to Accounts Receivable for $7,800 O A DEBIT to Accounts Receivable for $7,800 A CREDIT to Cash for $7,800 By O ACREDIT to Cash for $7,488 O A DEBIT to Accounts Receivable for $7,488

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