Question 20 2 pts Sanchez Company sold merchandise in the amount of $23.200 to Emanuel Company on September 1, with credit terms of 2/10,n/30. The cost of the merchandise is $9,600. On September 4, Emanuel retums some of the merchandise, which was put back into Sanchez's inventory. The selling price and the cost of the returned merchandise are $3,200 and $2,000, respectively. Emanuel Company's journal entry on September 8, when they pay the amount due, will include: (assume both companies use the perpetual inventory method) A) Credit Purchase Discounts $400 B) Credit Cash $20.776 C) Debit Accounts Payable $20,000 D) Credit Sales Discounts $400