0.5 pts Question 2 Smith Company sold merchandise in the amount of $5,800 to Batter Company on September 1, with credit terms of 2/10, n/30. The cost of the merchandise is $2,400. On September 4, Batter Company returns some of the merchandise, which were put back into Smith's inventory. The selling price and the cost of the returned merchandise are $800 and $500, respectively. (Assume both companies use the perpetual inventory method.) Batter Company's journal entry on September 8, when they pay the amount due, will include: O Credit Sales Discounts $100 O Credit Purchase Discounts $100 O Credit Cash $5,194 O Debit Accounts Payable $5,000 D ! Question 3 0.5 pts For a firm that uses the perpetual inventory system, the Sales Returns and Allowances account: Is not a contra account