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Second Exam Principles of creating 1-Section 2-2202 w Sri 7020/2011 292 163) X Company purchase merchandise inventory by $32000 on account terms 2/10, net 30,

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Second Exam Principles of creating 1-Section 2-2202 w Sri 7020/2011 292 163) X Company purchase merchandise inventory by $32000 on account terms 2/10, net 30, after one week, X received credit by 51000 for merchandise returned, what the Tentry of purchase returns using perpetual system Debit A/P 51000 and credit furthestur 10000 Debit A/P 54000 and creditary 1000 DO Debit A/P 531000 and Crot Purchase 20 Debit A/P S1000 dinary 50000 40 PK) ENG 10:14 PM 4/24/2021 Ps

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