pany that uses the perpetual inventory system purchased inventory for $970,000 on account with terms of 3/7, n/20. Which of the following correctly records the payment made 15 days after the date of invoice? A) Cash 970,0 970,000 Accounts Payable B) Accounts Payable 970,000 Cash Credit or.n cct 970,0 C) Accounts Payable 970 Merchandise Inventory 970,000 D) Accounts Payable Merchandise Inventory Cash 29,100 940,90