Homework: Homework 4 - Chapter 11 Question 1, SF11-4 (similar to) Part 1 of 3 HW Score: 0%, 0 of 10 points O Points: 0 of 2 Save On December 31, 2023, Drexie purchased $9,000 of merchandise inventory on a one-year, 11% note payable. Drexdle uses a perpetual inventory system. Read the requirements (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Requirement 1. Journalize the company's purchase of merchandise inventory on December 31, 2023 Date 2023 Dec. 31 Accounts and Explanation Debit Credit Help me solve this Demodocs example Get more help. Clear all Check answer