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Question 22 Not yet answered A company that uses the perpetual inventory system purchased inventory for $1,200,000 on account with terms of 4/10,n/20, and returned $200,000 one day after. Which of the following correctly records the payment made 7 days after the date of invoice? Marked out of 0/80 Flag question Select one: 0 Dr. Accounts Payable 900,000 864000 Cr. Merchandise inventory 36,000 Cr. Cash Dr. Accounts Payable 1000,000 Cr. Cash 1000.000 1200,000 Dr. Accounts Payable Windows but ...sesua Cr Cash 1200,000 & Dr. Accounts Payable 1,200,000 Cr. Cash 1,200,000 O Dr. Accounts Payable 1,000,000 Cr. Cash 960,000 Or. Merchandise Inventory 40,000 Dr. Accounts Payable 900,000 Cr. Cash 864,000 Cr. Merchandise Inventory 36,000