on September 12 Ryan company sold merchandise in the amount of 6000 to Johnson company with credit terms of 2/10 n/30 the cost of the items sold is 4100 Johnson uses the periodic inventory system and the net method of accounting for purchases the jounal entry that Johnson will make on September 12 is

Submit Help Save & Exit 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 sold is $4,100. Johnson uses the periodic inventory system and the net method of accounting for purchases. The Journal entry that Johnson will make on September 12 is: Multiple Choice Purchases Accounts payable ounts payable Merchandise inventory Accounts payable 5,80 Merchandise inventory Accounts payable 4,100 6,000 6,000