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On January 1, The Sanchez soap store purchased $1500 of inventory on account with terms of 2/10, n/30; FOB seller. How should the journal entry

On January 1, The Sanchez soap store purchased $1500 of inventory on account with terms of 2/10, n/30; FOB seller. How should the journal entry be recorded for the transaction on January 1?
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Question 1 1 pts On January 1, the Sanchez Soap Store purchased $15,000 of inventory on account with terms of 2/10,n/30; f.o.b. Seller. How should the journal entry be recorded for the transaction on January 1? O Dr- Inventory $14.700 Cr- Accounts Payable $14,700 Dr- Accounts Payable $15,000 Cr-Inventory $15.000 Dr-Inventory $15,000 Cr- Accounts Payable $15,000 Dr- Accounts Payable $14,700 Cr-Inventory $14,700 Next

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