Bryant Company sells a wide range of inventories, which are initially purchased on account. Occasionally, a short-term note payable is used to obtain cash for current use. The following transactions were selected from those occurring during the year. a. On January 10, purchased merchandise on credit for $18,000. The company uses a perpetual inventory system. b. On January 10, purchased merchandise on credit for $18,000 system. 40,000, due at the end of six months, accruing interest at an annual rate of 8 percent, payable at maturity