A company purchased $11,100 of merchandise on January 5 with terms 2/10, n/30. On January 7, it returned $750 worth of merchandise. On January 12, it 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 12 is: Multiple Choice 0 Debit Accounts Payable $10,350; credit Merchandise Inventory, $207, credit Cash $10,143. 0 Debit Cash $10,350; credit Accounts Payable $10,350. 0 Debit Accounts Payable $11,100; credit Cash $11,100. 0 Debit Accounts Payable $11,100; credit Merchandise Inventory $222; credit Cash $10,878. c) Debit Merchandise Inventory $2,150; credit Cash $2,150