Argyle Corp. uses the gross method of recording sales discounts. Assume that a sale on account of $12,000 was made to Fitzgerald, Inc. with terms 2/10,n/30. When Fitzgerald pays within the discount period, what is the correct journal entry?a.CashAccounts Receivable-Fitzgerald, Inc.b.Accounts Receivable-Fitzgerald, Inc.11,760Cash12,00011,760Sales11,760c.Cash11,760Sales Discounts240Accounts Receivable-Fitzgerald, Inc.d.Accounts Receivable-Fitzgerald, Inc.11,760Cash11,760 Get tutor help