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The CQ Company uses the periodic method for inventory. All sales and purchases are on credit. How does CQ account for a return of merchandise

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The CQ Company uses the periodic method for inventory. All sales and purchases are on credit. How does CQ account for a return of merchandise to a vendor? Select one: a. Debit Purchase Return, Credit Accounts Payable b. Debit Accounts Payable, Credit Purchases Receivable c. Debit Cost of Goods Sold, Credit inventory d. Debit Accounts Payable, Credit Inventory e. Debit Accounts Payable, Credit Purchase Return

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