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On September 12, Ryan Company sold merchandise in the amount of $8,000 to Johnson Company, with credit terms of 2/10, n/30. The cost of the items sold is $5,100. Johnson uses the periodic inventory system
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On September 12, Ryan Company sold merchandise in the amount of $8,000 to Johnson Company, with credit terms of 2/10, n/30. The cost of the items sold is $5,100. Johnson uses the periodic inventory system and the net method of accounting for purchases. The journal entry that Johnson will make on September 12 is:

User Chinthaka Dharmasiri
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The answer is 19$ or 20$
User Imakewebthings
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