michellin jewellers completed the following transactipn. michelin jewellers uses the perpetual inventory system. on April 2, michelin sold 9000 of a merchandise to a customer on account with terms 2/15, n/30. michelin's cost of the merchandisensold was 5500. on april 4 the customer reported damaged goods and Michelin granted 1000 sales allowance. on april 10, Michelin recieved payment from the customer. which of the following entries correctly records the cash receipt on michelin's books?

Michelin Jewellers completed the following transactions, Michelin Jewellers uses the perpetual inventory system. On April 2.M $5,500. On April 4, the customer reported damaged goods and Michelin granted a $1,000 sales allowance. On April 10, Michel 7.760 7,760 O A. Cash Accounts receivable O B. Cash Sales discount Accounts receivable 7.760 240 8,000 7,840 160 8,000 O C. Cash Sales discount Accounts receivable OD. Accounts receivable Sales discount Cash 8,000 240 7,760