content area top Part 1 Excalibur Company uses the perpetual inventory method. The entry to record returned merchandise, originally purchased on credit, to Vine Company is: Question content area bottom Part 1 A. debit Accounts Payable, Vine Company; credit Supplies. B. debit Merchandise Inventory; credit Accounts Receivable, Vine Company in the general ledger. C. debit Accounts Payable, Vine Company; credit Merchandise Inventory. D. debit Merchandise Inventory; credit Accounts Payable, Vine Company