Interpreting a journal entry is as important as its creation. Match the following journal entry to its effect.

Dr: Inventory

Cr: Accounts Payable

a)The company has agreed to lend inventory in exchange for temporary funding.

b)The company has collected payment from existing customers.

c)The company has agreed to be invoiced for exchange of purchased product.

d)The company has used existing inventory in exchange of service made to a customer.