On September 12, Vander Company sold merchandise in the amount of $7,500 to Jepson Company, with credit terms of 3/10, n/30. The cost of the items sold is $5,700. Vander uses the periodic Inventory system and the gross method of accounting for sales. The journal entry or entries that Vander will make on September 12 is: Multiple Choice Accounts receivable Sales 5,700 5,700 Accounts receivable Sales 7,500 7,500 Accounts receivable 7,500 Sales 7,500 Cost of goods sold 5,700 Merchandise Inventory 5,700 Sales 7,500 Accounts receivable 7,500 Sales 7,500 Accounts receivable 7,500 Cost of goods sold 5,700 Merchandise Inventory 5,700