On June 5, Cecil Company sold merchandise on account to Tolentino Company as follows - Sales Price: $15,000, Sales Terms: 2/10, n/30. Cecil Company had purchased this merchandise from Ricci Company on May 30 at a list price of $10,000 ($9,800.00 with sales discount). The Journal Entries of Cecil Company will show which of the following for the June 5 Sale? O a. Debit Accounts Receivable $15,000, Credit Sales $15,000; Debit Merchandise Inventory $10,000, Credit Cost of Goods Sold $10,000 O b. Debit Accounts Receivable $14,700, Credit Sales $14,700; Debit Cost of Goods Sold $9,800, Credit Merchandise Inventory $9,800 O Debit Sales $15,000, Credit Accounts Receivable $15,000; Debit Cost of Goods Sold $10,000, Credit Merchandise Inventory $10,000 O d. Debit Sales $14,700, Credit Accounts Receivable $14,700; Debit Merchandise Inventory $9,800, Credit Cost of Goods Sold $9,800