6. X Company purchase merchandise inventory by $32000 on account terms 2/10, net30, after one week, X received credit by $1000 for merchandise returned, what is the entry of A/P payment using periodic system if it was paid during discount period (10 days)?

a. Debit A/P $32000, Credit Purchase Discount $640 and Credit Cash $31360.

b. Debit A/P $32000, Credit Inventory $640 and Credit Cash $30380.

c. Debit A/P $31000, Credit Inventory $620 and Credit Cash $30380.

d. Debit A/P $31000, Credit Purchase Discount $620 and Credit Cash $31360.

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7. X Company purchase merchandise inventory by $32000 on account terms 2/10, net30, after one week, X received credit by $1000 for merchandise returned, what is the entry of purchase returns using perpetual system?

a. Debit A/P $31000 and Credit Inventory $31000.

b. Debit A/P $1000 and Credit Purchases return $1000.

c. Debit A/P $1000 and Credit Inventory $1000.

d. Debit A/P $31000 and Credit Purchase Return $31000.

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8. X Company purchase merchandise inventory by $32000 on account terms 2/10, net30, after one week, X received credit by $1000 for merchandise returned, what is the entry of purchase using periodic system?

a. Debit Purchases $31000 and Credit A/P $31000.

b. Debit Purchases $32000 and Credit A/P $32000.

c. Debit Inventory $32000 and Credit A/P $32000.

d. Debit Inventory $31000 and Credit A/P $31000.