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Centex Sound Systems purchased merchandise inventory costing$8,000 from Flower Co. on account. Where should Centex record thistransaction, and what account iscredited? A. Generaljournal; credit Merchandise

Centex Sound Systems purchased merchandise inventory costing$8,000 from Flower Co. on account. Where should Centex record thistransaction, and what account iscredited?

A.

Generaljournal; credit Merchandise Inventory

B.

Purchasesjournal; credit Accounts Payable

C.

Cash paymentsjournal; credit Cash

D.

Salesjournal; credit Sales Revenue

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