A business purchased merchandise on 11/1, at a price of $50,000, with credit terms of 1/10 n30. They uses the GROSS method for recording purchases and uses a perpetual inventory system Which of the following statements is (are ) true? Select ALL correct choices, POINTS ARE DEDUCTED FOR INCORRECT CHOICES Debit Inventory 50,000. Debit Inventory 49,500. Credit Purchase Discounts 500. Debit Purchases 50,000. Credit Accounts Payable 50.000