15. A company uses the perpetual inventory system and recorded the following entry: Credit Debit 2,500 Merchandise Inventory Accounts Payable 2,500 A. This entry reflects (aPurchase of merchandise on credit. b. Return of merchandise. c. Sale of merchandise on credit. d. Payment of the account payable less a 2% cash discount taken. e. Payment of the account payable less a 1% cash discount taken. B. Using the T-account below, present the above entry. Remember, each T-account must be presented under the correct balance sheet category to earn points. ASSETS LIABILITIES + EQUITY Non-current Assets Property, Plant & Equipmen Investment Intangible Assets/ Other Current Liabilitie Current Assets Non- Current Liabilitie Lins Contribute d Capital Earned Capital Accumulate dOCI S cash 2500