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DDD Company uses a perpetual inventory system. How should DDD record the return of inventory previously purchased on account for $3007 1. Inventory 300 Accounts

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DDD Company uses a perpetual inventory system. How should DDD record the return of inventory previously purchased on account for $3007 1. Inventory 300 Accounts Payable 300 2. Accounts Payable 300 Inventory 300 3. Purchase Returns 300 Accounts Payable 300 4. Accounts Payable 300 Purchase Returns 300 Multiple Choice Option 4 Option 2 Option 3

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