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5,60 Help Save & Ent On September 12, Ryan Company sold merchandise in the amount of $6,800 to Johnson Company with credit terms of 2/10,

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5,60 Help Save & Ent On September 12, Ryan Company sold merchandise in the amount of $6,800 to Johnson Company with credit terms of 2/10, 1/30. The cost of the items sold is $4,500. Johnson uses the periodic inventory system and the net method of accounting for purchases. The journal entry that Johnson will make on September 12 is Me Choice Accounts payable Merchandige inventos Rectable 4.500 Merchandise inventos payable 6.66 0 6,30 Turchase table 5.00 6,664 Purchase Sayable * 25 2 3 L 9 5 7 8 W E R T Y U P S D F G I J K L . V C V B N M mand command option

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