A company purchased $2,600 of merchandise on July 5 with terms 3/10,n/30. On July 7, it returned $600 worth of merchandise. On July 12 , it paid the full amount due. Assuming the compary uses a perpetual inventory system, and records purchases using the gross method, the correct joumal entry to record the payment on July 12 is: Muluple Choice: Dobit Cash \$2,000, credit Accounts Paybbie $2,000. Debit Acceunts Payabie 52.800; ciedit Cash 52.600 Deba Merctandise finerdory $2,000 oredit Cash 52,000 Debit Accounts Payable 52,000 , gedit Neichandse inventory Sie0: crode Cann 51,940