A merchandiser purchased inventory on account for 517.000. In a periodic inventory system, the journal entry to record the purchase would include A) a debit to Purchases for $17,000 and a credit to Accounts Payable for $17,000 B) a debit to Accounts Payable for $17,000 and a credit to Purchases for $17,000 C) a debit to Merchandive Inventory for 517,000 and a credit to Accounts Payable for 517,000 D) a debit to Accounts Payable for $17,000 and a credit to Merchandise Inventory for $17,000