Barnhart records purchases at invoice price and uses the perpetual inventory system. On July 5, Barnhart returned $12,000 of goods purchased on account to the seller. How would Barnhart record this transaction? Select one: A. Accounts Payable 12,000 Inventory 12,000 B. Accounts Payable 12,000 Purchases 12,000 C. Cash 12,000 Purchases 12,000 D. Accounts Receivable 12,000 Inventory 12,000