On September 12, Ryan Company sold merchandise in the amount of $8,400 to Johnson Company, with credit terms of 2/10, n/30. The cost of the items sold is $5,300. 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 8,488 Purchases Accounts payable 8.400 8,232 Purchases Accounts payable O 8,232 Merchandise inventory Accounts payable 8,232 O Merchandise inventory Accounts payable 5,300 5,300 O 8,400 Accounts payable Merchandise inventory 8,400