dow.htm#/activity/question-group/kEZASsBkEPsnvByuERffWbMkffGc. Saved Help Save & Exit Submit 9 On September 12, Vander Company sold merchandise in the amount of $9,600 to Jepson Company, with credit terms of 2/10, n/30. The cost of the items sold is $5,900. Jepson uses the periodic inventory system and the gross method of accounting for purchases. The Journal entry that Jepson will make on September 12 is 10 points Multiple Choice Book O Accounts payable 5,908 Merchandise inventory 5,900 Print O Purchases 5,900 Accounts receivable 5,900 O Purchases 9,606 Accounts receivable 9,600 O Purchases 9, 600 Accounts payable 9,606 O Merchandise Inventory 9, 608 Accounts payable 9,606