Muscat Business Solution (MBS) follows perpetual inventory method. MBS purchase Merchandise 200 units of the HP Laser Printers at a cost of RO 120 each on credit on 10th June 2019. Terms of purchase are 5/10, n/60. MBS discovers that 50 units of HP Laser Printer is Samsung Laser Printer and returns to the supplier for a full refund on 12th June 2019.Which of the following is correct entry for Merchandise Return on 12th June 2019?

a.

Dr. Accounts payable RO 24,000 Cr. Merchandise Inventory RO 24,000

b.

Dr. Merchandise inventory RO 18,000 Cr. Accounts payable RO 18,000

c.

Dr. Accounts payable RO 6,000 Cr. Merchandise Inventory RO 6,000

d.

Dr. Accounts Payable RO 18,000 Cr. Merchandise inventory RO 18,000