3. Purchased merchandise on account for $3,500. Write the Journal Entry. A. Debit Merchandise Inventory 3,500; Credit Accounts Payable 3,500 B. Debit Merchandise Inventory 3,500; Credit Cash 3,500 C. Debit Merchandise 3,500; Credit Trades Payable 3,500 D. Debit Accounts Payable 3,500; Credit Sales 3,500 4. Requested an allowance of $200 on the merchandise purchased in question 3. This allowance is granted. Write the journal entry. A. Debit Merchandise Inventory 200; Credit Accounts Payable 200 B. Debit Accounts Payable 200; Credit Inventory 200 C. Debit Customer Refunds Payable 200; Credit Merchandise Inventory 200 D. Debit Accounts Receivable 200; Credit Sales 200 5. Sale of merchandise was made for $700. Cost of merchandise sold was $300. Write the Journal Entry. A. Debit COGS 300; Credit Merchandise Inventory 300; Debit Account Receivable 300; Credit Sales 300 B. Debit Merchandise Inventory 300; COGS 300; Debit Sales 700; Credit Account Receivable 700 C. Debit Account Receivable 700; Credit Sales 700; Debit COGS 300; Credit Inventory 300 D. Cannot do this journal entry because it does not balance 6. Which of the following accounts has a normal debit balance? A. Purchase discounts B. Sales Tax Payable C. Allowance for Doubtful Accounts D. Delivery expense