Zachary Company sells foods wholesale. On January 15, the company sold 200 cases of beans to Imp Company for $4 per case with terms of 2/10, n/30. On January 24, Imp Company paid Zachary Company the full amount due. Given these data, the entry to record the collection of cash by Zachary Company on January 24 would include a Credit to Accounts Receivable of $784 Credit to Cash of $784 Debit to Sales Discounts of $16 Debit to Cash of $800 Sabrina Company sells merchandise on credit. If a customer pays its balance due within the discount period, what is the effect of the cash receipt on the company's accounting equation? Assets and stockholders' equity increase. Assets and stockholders' equity decrease. Assets decrease and liabilities increase. Stockholders' equity decreases and liabilities increase