On September 12, Fang Company sold merchandise of $5,800 to Brown Company, with credit terms of 2/10,n30 The cost of the items sold $4,000Brown uses the perpetual inventory system and the net method of accounting for purchases. Brown pays the invoice on September 18 and takes the appropriate discount. The journal entry that Brown makes on September 18 : Multiple Choice Credit Account Title Merchandise Inventory Cash Debit 5,684 5.684 Credit Debit 4,000 Account Title Accounts Payable Merchandise Inventory Cash se 3,920 On September 12, Fang Company sold merchandise of $5,800 to Brown Company, with credit terms of 2/10,n30 The cost of the items sold $4,000Brown uses the perpetual inventory system and the net method of accounting for purchases. Brown pays the invoice on September 18 and takes the appropriate discount. The journal entry that Brown makes on September 18 : Multiple Choice Credit Account Title Merchandise Inventory Cash Debit 5,684 5.684 Credit Debit 4,000 Account Title Accounts Payable Merchandise Inventory Cash se 3,920