14-Your company buys $250,000 worth of material on terms of 10% net 10. If you pay for the material within 10 days, which of the following best describes how you should post that entry?

A-Credit Accounts Payable $25000; debit Purchase Discounts $225000.

B-Debit Accounts Payable $250,000 credit Purchase Discounts $25,000 credit Cash $255000

C-Credit Cash $225,000; Debit interest Expense $25000.

D-Credit Cash $225,000; debit income $25,000; debit Accounts payable $250000

E-Credit Equipment $250,000; Debit Cash $250,000