On February 3, Smart Company sold merchandise in the amount of $4,800 to Truman Company, with credit terms of 110, 1/30. The cost of the items sold Is $3,310. Smart uses the perpetual inventory system and the gross method. Truman pays the involce on February 8, and takes the appropriate discount The Journal entry that Smart makes on February 8 is. Multiple Choice 3,310 Cash Accounts receivable 3.310 4.800 Cash Accounts receivable 4.800 cash Sales discounts Accounts receivable 4.720 331 4.753 3,230 Cash Accounts receivable 3,230