On September 12. Vander Company sokl merchandise in the amount of $9.800 to Jepson Company with credit terms of 3/10, 130 The cost of the items sold is $6,000 Jepson uses the periodicinventory ystem and the gross method of accounting for purchase. Jepson pays the invoice on Soptember 18, and takes the appropriate discount. The journal entry that Jepson makes on September 18 9,800 Accounts payable Merchandise inventory Cash 294 9,506 Cash Accounts receivable 9,506 9,506 Purchases Cash 9,506 9,506 9,800 Accounts payable Purchases discounts Cash 294 9,506 Cash Purchases discounts Accounts payable 9,506 294 9,800