LOL Music Store uses the perpetual inventory system to account for its merchandise. On November $17,$ it purchased $$1,000$ of merchandise with terms of $\frac{2}{5},$ n$/60.$ If payment is made on December $21,$ demonditrate the required journal entry to record the payment by selecting all of the correct actions below.

Credit Merchandise Inventory $$20.$

Credit Cash $$1,000.$

Credit Cash $$980.$

Debit Accounts Payable $$1,000.$

Credit Accounts Payable $$1,000.$