On February 3, Smart Company sold merchandise in the amount of $5,800 to Truman C the items sold is $4,000 the Company, with credit terms of 210, n/30. The cost of 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 8 is Cash Accounts receivable Cash S,68 Cash Prev 33 of 37> ch01 (2).ppt 4/21/20 ere to search