On July 6 Theo Corp. returned $12,000 of undamaged inventory it had originally purchased on account. Assuming Theo Corp. had not paid for the goods yet, the journal entry recorded by Theo Corp. on July 6 would be

• A.

  the debit to Inventory and a credit to Sales Returns and Allowances.

• B.

  a debit to Sales Returns and Allowances and a credit to Inventory.

• C.

  a debit to Inventory and a credit to Cost of Goods Sold.

• D.

  a debit to Accounts Payable and a credit to Inventory.