Donry Hathoway corrpary purchased $2700 of mexchandise on July 5 with terms 210 , ni30 On July 7 , it returned 5650 worth of merchandise. On Jify 12 , it paid the fulf amount due. Assuming Dorny Hathaway uses a perpetuaf inventory system, and records purchases using the gross mie ine correct journal entry to record the payment on July 12 is Misple choice Detb Merchandye inventory 52,050 , cied cain $2.050 Debt Accounts Pavabies 32050 , cieds Cinh 32.050 Detbt cash 52.080, credt Accoust Pryater 52,050 Oetit Accorets Pavasies 32700, creded Cant 52700