Question $17$

Jeppson Company sold merchandise in the amount of $$17,400$ to Nutter Company on September $1,$ with credit terms of $\frac{2}{10},\frac{n}{30}.$ The cost of the merchandise is $$7,200.$ On September $4,$ Nutter returns some of the merchandise, which was put back into Jeppson's inventory. The selling price and the cost of the returned merchandise are $$2,400$ and $$1,500,$ respectively.

Nutter Company's journal entry on September $8,$ when they pay the amount due, will include: $($assume both companies use the perpetual inventory method$)$

Select one:

A$.$ Debit Accounts Payable $$15,000$

B$.$ Credit Cash $$15,582$

C$.$ Credit Purchase Discounts $$300$

D$.$ Credit Sales Discounts $$300$