his Question: 3 pts 2 of 23 (1 complete) This Test: 100 Cheshire Co. purchased $1,000 of products from the Mad Hatter, Inc with terms 3/15, n/30. Cheshire uses the net method to record purchases, but did not pay the invoice within the discount period which is a TRUE statement about the foumal entry that Cheshire will make to record payment of the invoice? OA. They will credit Cash for $970 OB. They will credit Lost Discount for $30 O C. They will debit Inventory for $30 OD. They will debit Accounts Payable for $1,000