Exam 1 Help Save&Exit Submit On September 12, Vander Company sold merchandise in the amount of $9.000 to Jepson Company, with credit terms of 2/10, n/30. The cost of the items sold is $5,600. Jepson uses the periodic inventory system and the gross method of accounting for purchases. Jepson pays the invoice on and takes the appropriate discount. The journal entry that Jepson makes on September 18 is Multiple Choice Purchases 8,820 Cash .8 Cash 8,820 Accounts receivable 8,820 Accounts payable 9,00 Purchases discounts Cash 8,82 8, 820 Cash Purchases discounts 9,000 Accounts payable