On February 3, Smart Company sold merchandise in the amount of $2,600 to Truman Company, with credit terms of 2/10, n/30. The cost of the items sold is $1,800. 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:

Account Title	Debit	Credit
A)Cash	1,800
Accounts Receivable		1,800

Account Title	Debit	Credit
B)Cash	2,600
Accounts Receivable		2,600

Account Title	Debit	Credit
C)Cash	2,520
Sales discounts	36
Accounts Receivable		2,556

Account Title	Debit	Credit
D)Cash	1,720
Accounts Receivable		1,720

Account Title	Debit	Credit
E) Cash	2,548
Sales discounts	52
Accounts Receivable		2,600