Harvey's Wholesale Company Sold Supplies of $46,000 to Northeast Company

Harvey's Wholesale Company sold supplies of $46,000 to Northeast Company on April 12 of the current year, with terms 1/15, n/60. Harvey uses the net method of accounting for cash discounts. What entry would Harvey's make on April 23, assuming the customer made the correct payment on that date?

A) $\begin{array}{|c|c|c|}\hline \text { Cash } & 45,540 & \\\hline \text { Sales } & 460 & \\\hline \text { Accounts receivable } & & 46,000 \\\hline\end{array}$
B) $\begin{array}{|l|r|r|}\hline \text { Cash } & 46,000 & \\\hline \text { Sales discounts } & 460 & \\\hline \text { Accounts receivable } & & 46,000 \\\hline \text { Sales discounts forfeited } & & 460 \\\hline\end{array}$
C) $\begin{array}{|l|r|l|}\hline \text { Cash } & 45,540 & \\\hline \text { Sales discounts } & 460 & \\\hline \text { Accounts receivable } & & 46,000 \\\hline\end{array}$
D) $\begin{array}{|l|r|r|}\hline \text { Cash } & 45,540 & \\\hline \text { Accounts receivable } & & 45,540 \\\hline\end{array}$