a company purchased 10,000 of merchandise on January 5

w link F 18 | Q Create a New Study Set I | + https:/ uink F18 Help Sa A company purchased $10,000 of merchandise on January 5 with terms 2/10, n/30. On January 7, IE returned $1200 worth of merchandise On January 28, t paid the full amount due Assuming the company uses a perpetual Inventory system, and records purchases using the gross method, the correct journal entry to record the payment on January 28 1S Debit Merchandise Inventory 8.800. creat Cach s8.800