For question 17-19, use the following information: Korlan Company, ThaiPoom Company and Lee Corporation all use the periodic inventory system. The following transactions occurred in Fall 2021. September 1: Purchased inventory from ThaiPoom Company for $10,000 on terms 3/10 n/60. September 5: Sold merchandise to Lee Corporation for $5,000 on terms 2/10 n/30. September 11: Received payment from Lee Corporation for September 5th sale less appropriate discount. October 9: Paid ThaiPoom Company for September 1st purchase. 17.) Which journal entry will Korlan Company enter on September 11? [hint: A/R = Accounts Receivable; COGS = Cost of Goods Sold] (a.) Dr. A/R 5,000; Cr. Sales Discount 100; Cr. Cash 4,900 (b.) Dr. Cash 5,000; Cr. Sales Discount 100; Cr. A/R 4,900 (c.) Dr. Cash 5,000; Cr. Purchase Discount 100; Cr. Inventory 4,900 (d.) Dr. A/R 4,900; Dr. Sales Discount 100; Cr. COGS 5,000 (e.) none of the above 18.) Which journal entry will Lee Corporation enter on September 11? (a.) Dr. Accounts Payable 5,000; Cr. Purchase Discount 100; Cr. Cash 4,900 (b.) Dr. Cash 5,000; Cr. Purchase Discount 100; Cr. Accounts Payable 4,900 (c.) Dr. Purchases 5,000; Cr. Purchase Discount 100; Cr. Cash 4,900 (d.) Dr. Inventory 5,000; Cr. Purchase Discount 100; Cr. Accounts Payable 4,900 (e.) none of the above 19.) Which journal entry will Korlan Company enter on October 9? (a.) Dr. Accounts Payable 10,000; Cr. Cash 10,000 (b.) Dr. Accounts Payable 9,700; Dr. Purchase Discount 300; Cr. Cash 10,000 (c.) Dr. Accounts Payable 10,000; Cr. Purchase Discount 300; Cr. Cash 9,700 (d.) Dr. Cash 10,000; Cr. Accounts Receivable 10,000 (e.) none of the above