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25. On September 12, Jepson Company purchased merchandse in the amount orsz oo tom Vander Company, Inc, on croat wth terms cf 2.10, n O

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25. On September 12, Jepson Company purchased merchandse in the amount orsz oo tom Vander Company, Inc, on croat wth terms cf 2.10, n O Jepson uses gross ethod of accounting for purchases and poiodic m ertory t ystem. On Septomber 14, Jepson returns some cf te merchandise withs purchase prico of soo epcon peys the irrvolco on September and takes the appropriate d count. Th e ormal entry that Jepson makos on September is Accounes payable Accounts payable 6252

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