38) Assume the perpetual inventory method is used. The company purchased $13,500 of merchandise on account under terms 2/10, n/30. The company returned $3,000 of merchandise to the supplier before payment was made. The liability was paid within the discount period. All of the merchandise purchased was sold for $21,000 cash. What effect will the return of merchandise to the supplier have on the accounting equation? 2 Points Assets and stockholders' equity are decreased by $3,000. Assets and liabilities are decreased by $2,940. Assets and liabilities are decreased by $3,000. None. It is an asset exchange transaction