X Company, a merchandiser, prepares monthly financial statements. The following are account balances in November: November 1 November 30 Accounts Payable $53,342 $36,096 In November, payments of Accounts Payable were $324,218, and Cost of Goods Sold was $313,731. Assuming that all merchandise purchases were on account, what were merchandise purchases in November? OA: $69,443 OB: $100,692 OC: $146,003 OD: $211,705 OE: $306,972 OF: $445,109 Submit Answer Tries 0/99 Merchandise Inventory $50,697 $43,938