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On September 12, Vander Company sold merchandise in the amount of S6,000 to Jepson Company, with credit terms of 3/10, n/30. The cost of the

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On September 12, Vander Company sold merchandise in the amount of S6,000 to Jepson Company, with credit terms of 3/10, n/30. The cost of the items sold is $4,100. Jepson uses the periodic inventory system and the gross method of accounting for purchases The Journal entry that Jeson will make on September 12 is: Multiple Choice Purchases 6,800 Accounts receivable 6,000 Accounts payable Mer chandise 4,180 4,1e0 Purchases 6,888 Accounts payable 6,800 Purchases 4.100 Accounts receivable 4,190 Merchandise invento Accounts payable 6,ee

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