Merchandise with a sales price of $5,000 is sold on account with terms 2/10, n/30. The entry to journalize the sale under the net method would include a group of answer choices:
1) Debit Accounts Receivable $5,000; Credit Sales $5,000
2) Debit Accounts Receivable $5,000; Credit Sales Revenue $5,000
3) Debit Accounts Receivable $5,000; Credit Cash $5,000
4) Debit Accounts Receivable $5,000; Credit Sales Discount $100; Credit Sales Revenue $4,900