Cadiz Company purchased goods costing $6,700. The purchase was made on account with terms of 6/10, n/45. The original purchase was recorded with a DEBIT to Inventory and a CREDIT to Accounts Payable for $6,700. The account was paid in cash after 31 days.

Which of the following would be included in the journal entry on the day this payment is made?

Group of answer choices

A CREDIT to Accounts Payable for $6,298

A CREDIT to Cash for $6,298

A CREDIT to Inventory for $6,700

A DEBIT to Accounts Payable for $6,700

A DEBIT to Cash for $6,700

A CREDIT to Accounts Payable for $6,700