On May 1, Shilling Company, Inc. sold merchandise in the amount of $5,800 to Anders, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Shilling uses the perpetual inventory system. The journal entry or entries that Shilling will make on May 1 is: A. Sales 5,800 Accounts receivable 5,800 B. Sales Accounts receivable 5,800 4,000 Merchandise Inventory 5,800 5,800 4,000 4,000 Cost of goods sold C. Accounts receivable Sales D. Accounts receivable Sales Cost of goods sold Merchandise inventory E. Accounts receivable Sales 5,800 4,000 5,800 5,800 4,000 4,000