On september 12, vander company sold merchandise in the amount of $8,200 to jepson company, with credit terms of 3/10, n/30. the cost of the items sold is $5,200. 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:

                                     Debit                                     Credit

Accounts Receivable      8,200

Merchandise sold                                                         8,200

Cost of goods sold         5,200

Inventory                                                                      5,200

The first entry is the recording the sale by crediting the merchandise being sold and debiting accounts receivable as the sale is on credit

The second entry is recording the costs of good sold by debiting it and the decrease in inventory of 5,200 by crediting it

Explanation:

you can lose ranking 2 ways.

1) you don't have enough points due to you expending them by asking questions/your answers are deleted.

2) your brainliest's expired. this means that brainliests, once they exceed the 30 day limit, expires. this is to ensure that you continue to contribute into the community at a constant rank if you want to continue to have/exceed the rank you have right now.

if you go to profile, and click "show more information" located on the bottom left of the box with your information (on top of the questions answered, questions asked, and friends), you will be given the following information (example):

member since : 02/13/2017, 18: 11

questions answered: 9741

questions asked: 162

no. of brainliest answers: 1575

brainliest answers in last 30 days: 10

warnings: 0 view

questions/answers reported: 2637

questions/answers incorrectly reported: 64

look at the "brainliest answers in the last 30 days". this is the one that will affect your rank other than your points. again, once your brainliest expires (was earned 31+ days ago), it will not be counted.

~

answer: most likely c

explanation: