ston 20 On Feb 1st ABC Co purchased 50 units of product with a list price of $10 per unit. The purchaser was grant trade discount of 30% and the terms of the sale were 1/5, n 45. yet ered ed out of On Feb 5th ABC Co returned 10 units of product to the supplier and received full credit. What is the journal entry to record the return of the product to the supplier? Assume a perpetual inventor system eg on Select one: a. Dr. AP $100 Cr. Inventory $100 O b. Dr. AP $100 Cr. Purchase Returns and Allowances $100 c. Dr. AP $69.30 Cr. Inventory $69.30 d. Dr. AP $70 Cr. Inventory $70 o