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