Which of the following is the correct journal entry for a retum of goods that were purchased on account under the periodic inverntory system? XX OA Accounts Payable xx Merchandise Inventory O B. Purchase Returns and Allowances Accounts Payable Xx XX O C. Accounts Payable Purchase Returns and Allowances XX O D. Merchandise Inventory Accounts Payable The following details are provided by Westem Wear Merchandisers. The company uses the periodic inventory system. Net Sales Revenue $198.000 Purchases 93,000 1,800 1,600 1,900 Purchase Returns and Allowances Purchase Discounts Freight In Beginning Merchandise Inventory Ending Merchandise Inventory 63,000 37,000 Caloulate the amount of net purchases. O A. $89.600 O B. $152,600 O C. $87,700 O D. $105,000