Help Save & Exit Sul on September 12, Ryan Company sold merchandise in the amount of $6,000 to Johnson Company, with credit terms of 2/10, 1/30. The cost of the items old is $4900. Ryan uses the periodic inventory system and the net method of accounting for sales. On September 14, Johnson returns some of the nerchandise. The selling price of the merchandise is $520 and the cost of the merchandise returned is $360. Johnson pays the invoice on September 8, and takes the appropriate discount. The journal entry that Ryan makes on September 18 is: Multiple Choice Cash 5.370 Recounts receivable 5,370 Cash Recounts receivable 6.000 6.000 Sales disco Accounts receivable 120 6.900 . Cash Sales discounts ents receivable 3.370 110 5,80 HO 3 4 5 6 & 7 + 00 9 1 O E R T C C 0 P D F G H J . L