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A company purchased inventory for $4,000 from a vendor on account, FOB shipping point, with terms of 3/15, n/30. The company paid $100 cash for

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A company purchased inventory for $4,000 from a vendor on account, FOB shipping point, with terms of 3/15, n/30. The company paid $100 cash for freight in. The entry to record the payment of the invoice within 15 days of the invoice date by the purchaser would include (Assume a perpetual inventory system.) O A. a debit to Accounts Payable for $4,000, a credit to Merchandise Inventory for $100, and a credit to Cash for $3,900 OB. a debit to Accounts Payable for $4,000, a credit to Merchandise Inventory for $120, and a credit to Cash for $3,880 O C. a debit to Accounts Payable for $3,880 and a credit to Cash for $3,880 OD. a debit to Accounts Payable for $3,880, a debit to Merchandise Inventory for $120, and a credit to Cash for $4,000

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