On September 12, Ryan Company Sold Merchandise in the Amount

On September 12, Ryan Company sold merchandise in the amount of $5,800 to Johnson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000.
- Ryan uses the periodic inventory system and the net method of accounting for sales. The journal entry or entries that Ryan will make on September 12 is (are) :

A) $$\begin{array} { | l | r | r | } \hline \text { Accounts receivable } & 5,684 & \\\hline \text { Sales } & & 5,684 \\\hline \text { Cost of goods sold } & 4,000 & \\\hline \text { Merchandise Inventory } & & 4,000 \\\hline\end{array}$$
B) $$\begin{array} { | l | r | r | } \hline \text { Accounts receivable } & 5,800 & \\\hline \text { Sales } & & 5,800 \\\hline\end{array}$$
C) $$\begin{array} { | l | r | r | } \hline \text { Accounts receivable } & 5,800 & \\\hline \text { Sales } & & 5,800 \\\hline \text { Cost of Goods Sold } & 4,000 & \\\hline \text { Merchandise inventory } & & 4,000 \\\hline\end{array}$$
D) $$\begin{array} { | l | r | r | } \hline \text { Sales } & 5,800 & \\\hline \text { Accounts receivable } & & 5,800 \\\hline\end{array}$$
E) $$\begin{array} { | l | r | r | } \hline \text { Accounts receivable } & 5,684 & \\\hline \text { Sales } & & 5,684 \\\hline\end{array}$$