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Ruma Metals Inc. purchased inventory on credit for $900. What is the journal entry to record the transaction? Select a Choice Below current question choices
Ruma Metals Inc. purchased inventory on credit for $900. What is the journal entry to record the transaction? Select a Choice Below current question choices OptionA Debit Inventory account for $900; credit Cash account for $900. OptionB Debit Inventory account for $900; credit Accounts Payable account for $900. OptionC Debit Cost of Goods Sold account for $900; credit Cash account for $900. OptionD Debit Cash account for $900; credit Inventory account for $900
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