On February 3, Smart Company sold merchandise in the amount of $2,700 to Truman Company, with credit terms of 1/10, n/30. The cost of the items sold is $1,865. 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

• Cash	2,673
  Sales discounts	27
  Accounts receivable		2,700

• Cash	2,620
  Sales discounts	19
  Accounts receivable		2,639

• Cash	2,700
  Accounts receivable		2,700

• Cash	1,785
  Accounts receivable		1,785

• Cash	1,865
  Accounts receivable		1,865