A company that uses the perpetual inventory system purchased merchandise inventory at a cost of 4,300 with credit terms 3/5

3.00 points MC Qu. 114 A company that uses the perpetual inventory... A company that uses the perpetual inventory system purchased merchandise inventory at a cost of $4,300 with credit terms 315, ner 45. If the company elects to pay within the discount period, what would be the appropriate journal entry to record the payment? Accounts Payable 4,300 Merchandise Inventory 4,300 Accounts Pavable .300 Merchandise Inventory Cash 129 4171 Merchandise Inventory 4.300 Accounts Payable Accounts Pavable 41 71 Cash O Purchase Discount Accounts Pavable 0