On May 1, Sunland Co. sold merchandise on account to Kaneva Inc. for $24,000, terms 2/10,n/30. Ignore any entries that affect inventory, cost of goods sold, and refund liability for the purposes of this question. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit May 1 (To record sale on account.)