A business has set up MYOB to use a perpetual inventory system. When a purchases of inventory on credit is processed the accounting result is:

Select one:

a. Dr Inventory, Dr GST Paid, Cr Accounts Payable

b. Dr Inventory, Dr GST Collected, Cr Accounts Payable

c. Dr Purchases, Dr GST Paid, Cr Accounts Payable

d. Dr Purchases, Dr GST Collected, Cr Accounts Payable