The "cost of good sold" is not recorded in the journal entry to record the cash receipt.
In accounting, the Gross method refers to the method of recording a purchases at the invoice price without any deduction of cash discounts.
Under the journal entry, the purchase are recorded at the invoice amount alone without making account for any discount deduction.
Now, when a customer pays for purchase within the discount period, the accounts that are not recorded in the journal entry is "Cost of goods sold" because it is used only at the time of sales.
The account which are recorded in the journal entry includes Sales, Accounts Receivable and Cash.
Therefore, the account which is not recorded is the "Cost of goods sold".
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