Theo Corp. purchased $25,000 worth of inventory, terms 1/10 n/40 on May 1. Which of the following should Theo Corp. record on May 1?

• A. A debit to Accounts Receivable and a credit to Sales Revenue.
• B. A debit to Inventory and a credit to Accounts Payable.
• C. A debit to Inventory and a credit to Cash.
• D. A debit to Accounts Payable and a credit to Inventory.