October 8: Returned 25 defective units and received full credit. inventory per unit at $9 Prepare journal entries to record each of the preceding transactions. Assume a perpetual inventory system. Select one: a. Debit Merchandise Inventory $225; Credit Accounts Payable 225 b. Debit Cash 225; Credit Accounts Payable $225 c. Debit Accounts Payable 225; Credit Merchandise Inventory $225 d. Debit Merchandise Inventory $200; Credit Accounts Payable 200