12) A company that uses the perpetual inventory system purchased inventory for $1,000,000 on account with terms of 4/7, n/20. Which of the following correctly records the payment made 15 days after the date of invoice? A) Cash Accounts Payable 1,000,000 1,000,000 B) Accounts Payable 1,000,000 Merchandise Inventory 1,000,000 C) Accounts Payable Cash 1,000,000 1,000,000 D) Accounts Payable 1,000,000 Merchandise Inventory 100,000 Cash 900,000