On May 1, Anders Company purchased merchandise in the amount of $5,800 from Shilling, with credit terms of 2/10, n/30. Anders uses the perpetual inventory system and the gross method. The journal entry or entries that Anders will make on May 1 is:a. Sales 5,800 Accounts receivable 5,800 b. Merchandise Inventory 5,800 Accounts payable 5,800 c. Accounts payable 5,800 Sales 5,800 d. Merchandise Inventory 5,800 Cash 5,800

Option (b) is correct.

Explanation:

Given that

Amount of merchandise purchased = $5,800

Credit terms = 2/10 and n/10

Using a perpetual system and gross method,

Therefore, the Journal entry is as follows:

On May 1,

Merchandise inventory A/c Dr. $5,800

            To accounts payable                 $5,800

(To record the purchase of merchandise on account at May 1)

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.