On September 12, Ryan Company sold merchandise in the amount of $7,400 to Johnson Company, with credit terms of 3/10, n/30. The cost of the items sold is $4,800. Ryan uses the periodic inventory system and the net method of accounting for sales. The jourmal entry or entries that Ryan will make on September 12 is (are: Multiple Cholce Accounts receivable 7,400 Sales Cost of Goods Sold 7,468 4,800 4,88 Accounts receivable 7,178 Sales 7,178 Sales 7,400 Accounts receivable 7,400 ccounts receivable Sales 7,178 Cost of goods sold 4,880 Merchandise Inventory 4,80a Accounts receivable 7,480 ales 7.408