X-Mart uses the perpetual inventory system to account for its merchandise. On May 1, it sold $1,400 of merchandise on credit with terms of 1/10,n/40. Demonstrate the required journal entry to record the receipt of payment on May 25 by selecting all of the correct actions below. Multiple select question. Credit Accounts Receivable $1,400. Credit Sales Discounts $14. Debit Accounts Receivable $1,400. Debit Sales Discounts $14. Credit Cash $1,400. Debit Cash $1,400.