On September 12, Vandelay Industries sold merchandise in theamount of $7,000 to Jepson Company, with credit terms of 3/10,n/30. The cost of the items sold is $5,200. Vandelay uses theperiodic inven On September 12, Vandelay Industries sold merchandise in the amount of \\( \\$ 7,000 \\) to Jepson Company, with credit terms of \\( 3 / 10, n / 30 \\). The cost of the items sold is \\( \\$ 5,200 \\) 2 answers