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QUESTION 3 A company that uses the perpetual inventory system purchases inventory for $61,000 on account, with terms of 3/10, n/30 Which of the following
QUESTION 3 A company that uses the perpetual inventory system purchases inventory for $61,000 on account, with terms of 3/10, n/30 Which of the following is the journal entry to record the payiment made within 10 days7 aA debit to Accounts Payable for $61,000, a credit to Cash for 159.170, and a debit to Merchandise Inventory for $1,830 .DA debit to Accounts Payable for $61,000, a credit to Merchandise Inventory for $1,830, and a credit to Cash for $59170 CA debit to Merchandise inventory for $1,830, debit to Accounts Payable for $61,000, and a credit to Cash for $62,830 A debit to Accounts Payable for $59,170, a debit to Merchandise Inventory for $1,830, and a credit to Cash for $61,000
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