On September 12, Vander Company sold merchandise in the amount of $6,200 to Jepson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,200. 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

• Accounts payable	6,200
  Merchandise inventory		124
  Cash		6,076

• Purchases	6,076
  Cash		6,076

• Cash	6,076
  Purchases discounts	124
  Accounts payable		6,200

• Cash	6,076
  Accounts receivable		6,076

• Accounts payable	6,200
  Purchases discounts		124
  Cash		6,076