On July 22, Peter sold 523.500 of inventory Items on credit with the terms 2/15 net 30. Payment on $15.000 sales was received on August 1 and the remaining payment was received on August 2 Assuming Peter uses the gross method of accounting for sales discounts, which one of the following entries was made on August 1 to record the cash received? Cash 14.700 Sales Discount 300 Accounts Receivable 15.000 Accounts Receivable Sales Discount Forfeited Cash Accounts Receivable 15,000 Cash 14.700 700 od Accounts Receivable