Abbott Company purchased $6,900 of merchandise inventory on account. Which of the following entries would be required to record this transaction? Multiple Choice Cost of Goods Sold: Accounts Payable. 6,900 6,900 Inventory 6,900 Accounts Payable 6,900 Accounts Payable Inventory 6,900 6,900 Accounts Payable Purchases 6,900 6,900 < Prev 2 of 30 Next >