In the context of a periodic inventory system, if an owner takes inventory for their own personal use, which account should be credited, and why?

Select one:

a. Purchases account, because any transaction that originally went through the purchases account must be reversed through that same account.

b. Purchases returns account, because crediting the purchases account will skew percentages in management reporting, potentially giving a misleading impression of returns.

c. Purchases account, because crediting the purchases returns account will skew percentages in management reporting, potentially giving a misleading impression of returns.

d. Purchases returns account, because any transaction that originally went through the purchases account must be reversed through the purchases returns account.