Merchandise inventory: Multiple Choice Is a current asset. Must be sold within one month. Is classified with investments on the balance sheet. Is a long-term asset. Includes supplies the company will use in future periods. On February 3, Smart Company sold merchandise in the amount of $4,100 to Truman Company, with credit terms of 2/10, n/30. The cost of the items sold is $2,830. 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: Multiple Choice 0 2,830 Cash Accounts receivable 2,830 0 Cash Sales discounts Accounts receivable 4,018 82 4,100 0 4,020 Cash Sales discounts Accounts receivable 4,077 0 4,100 Cash Accounts receivable 4,100 0 2,750 Cash Accounts receivable 2,750