QUESTION 14 Into Sys Company uses periodic Inventory system to record its merchandising transactions, Info Sys purchased merchandise on credit from Samsung, $4,700, with credit terms 2/10, 1/30. Two days later, Info Syspaid the balance to Samsung. 16. How does Info Sys should record the payment made to Samsung? Cash $4,606 Sales Discount $94 Accounts Receivable $4,700 Accounts Payable OB $4,700 Purchase Discount $94 Cash $4,606 Cash $4,606 Purchase Discount $94 Accounts Payable $4,700 Cash $4,700 OD Sales Discount $94 Accounts Receivable $4,606