On May 1, Shilling Company sold merchandise in the amount of $5,800 to Anderson, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Shilling uses the perpetual inventory system and the gross method. The journal entry or entries that Shilling will make on May 1 is (are):Multiple ChoiceAccount Title Debit CreditSales 5,800 Accounts receivable 5,800Account Title Debit CreditSales 5,800 Accounts Receivable 5,800Cost of Goods sold 4,000 Merchandise Inventory 4,000Account Title Debit CreditAccounts Receivable 5,800 Sales 5,800Account Title Debit CreditAccounts Receivable 5,800 Sales 5,800Cost of Goods sold 4,000 Merchandise Inventory 4,000Account Title Debit CreditAccounts Receivable 4,000 Sales 4,000