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7. VeCo, which uses the at gross. On October VeCo Terms are 2/10, n/40. O On October 11 October 11? eperpetual method, records merchandise purchases

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7. VeCo, which uses the at gross. On October VeCo Terms are 2/10, n/40. O On October 11 October 11? eperpetual method, records merchandise purchases er 3, VeCo buys $42,000 of merchandise on account. On October 9, VeCo returns goods that cost $10,000. meth eco pays $31,360. What entry does VeCo record on a. Accounts Payable 31,360 31,360 Cash b. Accounts Payable 32,000 Cash Purchase Discounts 31,360 640 32,000 c. Accounts Payable Inventory d. Accounts Payable 31,360 Cash 640 31,360 640 31,360 640 Purchase Discounts Cash Inventory Moro bagi inc nnarations in Anril uses the perpetual method, and records

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