If a U.S.-based company purchases 3,000 units of inventories from a British supplier at 6/unit, how would the purchase be recorded?

Group of answer choices

The company will not record the purchase of inventory until the payable is paid.

The company will debit inventories and credit accounts payable for the $U.S. equivalent of 12,000.

The company will debit inventories and credit accounts payable for 12,000.

Either a or b is current.