34) A company that uses the perpetual inventory system purchases inventory for $62,000 on account with terms of 2/10, n/30. Which of the following is the journal entry to record the payment made within 10 days? A) a debit to Accounts Payable for $62,000, a credit to Cash for $1,240, and a credit to Merchandise Inventory for $60,760 B) a debit to Accounts Payable for $62,000, a credit to Merchandise Inventory for $1,246 and a credit to Cash for $60,760 C) a debit to Merchandise Inventory for $1,240, a debit to Accounts Payable for $62,000 and a credit to Cash for $63,240 D) a debit to Accounts Payable for $60,760, a debit to Merchandise Inventory for $1,240 and a credit to Cash for $62,000 35) A company that uses the perpetual inventory system purchased inventory for $970,000 on account with terms of 3/7, n/20. Which of the following correctly records th payment made 15 days after the date of invoice? 970,000 Cash Accounts Payable 970,000 970,000 Accounts Payable Merchandise Inventory 970,000 970,000 Accounts Payable Cash 970,000 970,000 D) Accounts Payable Merchandise Inventory Cash 29,100 940,900