X Content X M Question 15 - Chapter 5 Quiz - ezto.mheducation.com Chapter 5 Quiz Saved Help Save & Exit 15 ALLOuILS Fayable Check my Merchandise Inventory 80 cash 3 , 920 eBook O Account Title Debit Credit Accounts Payable 5,800 Merchandise Inventory 116 Cash 5, 684 Account Title Debit Credit Accounts Payable 5 , 684 Cash 5, 684 Account Title Debit Credit Cash 5, 684 Discounts Lost 116 Mc Mc Graw Hill 6/10 F Q Search tly sunny ISUSnelogin Content X C M Question 15 - Chapter 5 Quiz - ezto.mheducation.com X + Chapter 5 Quiz i Saved J Help Save & Exit Submit 15 Check my work On September 12, Ryan Company sold merchandise of $5,800 to Johnson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Johnson uses the perpetual inventory system and the net method of accounting for purchases. Johnson pays the invoice eBook on September 18 and takes the appropriate discount. The journal entry that Johnson makes on September 18 is: Multiple Choice Account Title Debit Credit Merchandise Inventory 5, 684 Cash 5, 684 Account Title Debit Credit Accounts Payable 4, 060 Merchandise Inventory 80 Cash 3, 920 Mc Graw 6/10 Q Search ASUS