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Choco Corp. is a retailer of various types of T-shirts. On September 3, 2020, Choco purchased 1,000 T- shirts on account from one of its

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Choco Corp. is a retailer of various types of T-shirts. On September 3, 2020, Choco purchased 1,000 T- shirts on account from one of its suppliers at the cost of $5/T-shirt. What is the journal entry for September 3, 2020, if Choco uses a perpetual inventory system? Choose from the following accounts: purchase, merchandise inventory, cash, accounts payable Debit Credit Account name $ $

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