Any Company sold merchandise of $8,000 to Tory Turnbull with teras 2/10, n/30. Amy Company recorded this transaction using the gross method. If Tory Turnbull paid for all the merchandize within the discount period, the journal entry that Amy Company will make to record the collection of cash would include a a Credit to Sales Discount of $160 b. C. Credit to Account receivable $7,840 Debit to Sales Discount of $160 d. Credit to Cash of $160
