Question: 5.60 Hele Save & Ex Submit On September 12, Vander Company sold merchandise in the amount of $6,200 to Jepson Company with credit terms of

5.60 Hele Save & Ex Submit On September 12, Vander Company sold merchandise in the amount of $6,200 to Jepson Company with credit terms of 2/10,n30. The cost of the items sold is $4.200. Jepson uses the periodic inventory system and the gross method of accounting for purchases. The journal entry that Jepson will make on September 12 is Murice Choice 6.200 cases Me payable 6.200 4,200 Purchases Accounts receivable Merchandise Lwentos Recounts payable 6.200 4.200 Accounts payable Merchandise MOBY 4,200 6,200 Durchases Recounts receivable 6.200 S 4 2 3 5 6 7 8 9 > O W E R T Y > U I O P S D F G I J K L > X C V ? B N M

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