C. Fong returned$200 of merchandise within the discount period. The entry to record the return is

A.

debit to Inventory for$200, credit Cost of Goods Sold for$200.

B.

debit to Accounts Payable for$200, credit Inventory for$200.

C.

debit to Accounts Payable for$200, credit Cash for$200.

D.

debit to Inventory for$200, credit Accounts Payable for$200.