Vaughn Company made a purchase of merchandise on credit from Ivanhoe Company on August 8, for $8900, terms 2/10, n/30. On August 17, Vaughn makes payment to Ivanhoe. Vaughn Company uses a perpetual inventory system. The entry on August 17 for Vaughn Company is: Accounts Payable 8900 Cash 8900 Accounts Payable 8900 Inventory 178 Cash 8722 Accounts Payable Purchase Returns and Allowances Cash 8900 178 8722 O Accounts Payable 8722 Cash 8722