- The company purchased $12,300 of merchandise inventory on account under terms 4/10,n/30. - The company returned $1,800 of merchandise inventory to the supplier before payment was made. - The merchandise inventory was paid for within the discount period. What effect will the return of merchandise to the supplier have on the accounting equation? Multiple Choice Assets and stockholders' equity are decreased by $1,800. Assets and liabilities are decreased by $1,728. Assets and liabilities are decreased by $1,800. None it is an asset exchange transaction