On May 1, Shilling Company 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 and the gross method. The journal entry or entries that Shilling will make on May 1 is (are): Multiple Choice Account Title Debit Credit Sales 5,800 Accounts receivable 5,800 Account Title Debit Credit Sales 5,800 Accounts Receivable 5,800 Cost of Goods sold 4,000 Merchandise Inventory 4,000