A company that uses the net method of recording purchases and a perpetual inventory system purchased $3,700 of merchandise on July 5 with terms 2/10, 1/30. On July 7, it returned $850 worth of merchandise. On July 28, it paid the full amount due. The correct Journal entry to record the payment on July 28 is: Multiple Choice Debit Accounts Payable $3700, credit Cath $3,700 Debit Cash $2,850, credit Accounts Payable $2,850. Debt Accounts Payable 32.783; debit Discounts to $57, credit Cash $2,850, Debit Accounts Payable $2,850, credil Merchandise Inventory $57, credit Cain $2793 Debit Merchandise inventory $2,850, credit Cash $2,850