On September 12, Vander Company sold merchandise in the amount of $7,400 to Jepson Company, with credit terms of 3/10,n/30. The cost of the items sold is $4,800. Jepson uses the periodic inventory system and the gross method of accounting for purchases. Jepson pays the invoice on September 18, and takes the appropriate discount. The journal entry that Jepson makes on September 18 is: Multiple Choice Cash Purchases discounts Accounts payable 7,178 222 7,400 7,400 Accounts payable Purchases discounts Cash 222 7,178 7,400 Accounts payable Merchandise inventory Cash 222 7,178 7,178 Purchases Cash 7,178 7,178 Cash Accounts receivable 7,178