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Oriole Corporation purchases $1700 of merchandise on account from Enterprise Company, terms 2/10, n/30. Oriole and Enterprise both use periodic inventory systems. Orioles entry record

Oriole Corporation purchases $1700 of merchandise on account from Enterprise Company, terms 2/10, n/30. Oriole and Enterprise both use periodic inventory systems. Orioles entry record this transaction is:

Accounts Payable 1700

Purchases 1700

Inventory 1700

Accounts Payable 1700

Accounts Payable 1700

Inventory 1700

Purchases 1700

Accounts Payable 1700

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