On March 12, Klein Company sold merchandise in the amount of $7,800 to Babson Company, with credit terms of 2/10, 1/30. The cost of the items sold is $4,500. Klein uses the perpetua inventory system and the gross method of accounting for sales. The journal entry or entries that Klein will make on March 12 is (arey Multiple Choice Sales Accounts receivable 7,860 7,800 Accounts receivable Sales 7.000 7.800 Sales Accounts receivable Cost of goods sold Merchandise Inventory 7,800 7,800 4,500 4,500 Accounts receivable Sales 4,580 4,500 7,888 Accounts receivable Sales Cost of goods sold Merchandise Inventory 7,800 4,500 4,500