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Malone Corporation uses the periodic inventory method. On March 1, it purchased $30,000 of inventory, terms 2/10, 1/30 On this date Malone should debit Select

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Malone Corporation uses the periodic inventory method. On March 1, it purchased $30,000 of inventory, terms 2/10, 1/30 On this date Malone should debit Select one: O a. Account payable for $30,000 O b. purchase for $30,000. O c. Account receivable for $30,000 O d. inventory for $30,000, Next page

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