On September $12,$ Vandelay Company sold merchandise in the amount of $$5,800$ to Jepson Company, with credit terms of $2/10,$ n$/30.$ The cost of the items sold is $$4,000.$ Jepson uses the periodic inventory system and the gross method of accounting for purchases. Jepson pays the invoice on September $18$ and takes the appropriate discount. The journal entry that Jepson makes on September $18$ is:

Multiple Choice

Account Title Debit Credit

Purchases $5,684$

Cash $5,684$

Account Title Debit Credit

Accounts Payable $5,800$

Merchandise Expense $116$

Cash $5,684$

Account Title Debit Credit

Accounts Payable $5,800$

Purchases Discounts $116$

Cash $5,684$

Account Title Debit Credit

Cash $5,684$

Accounts Receivable $5,684$

Account Title Debit Credit

Cash $5,684$

Purchases Discounts $116$

Accounts Payable $5,800$