On March 15, 2019, Ryan Company purchased $11,500 of merchandise on credit subject to terms of 2/10, n/30. Ryan Company records its purchases using the gross amount. Which of the following journal entries is correct when Ryan Company pays for these goods on March 20, 2019? Multiple Choice 11,500 Accounts payable Cash Inventory 11,270 230 11,500 Accounts payable Cash 11,500 11,270 Accounts payable Cash 11,270 Accounts payable Inventory Cash 11,270 230 11,500