-Your company buys $250,000 worth of material on terms of 10% net

10. If you pay for the material within 10 days, which of the following best describes how you should post that entry? A- Credit Accounts Payable $25000; debit Purchase Discounts $225000. B- Debit Accounts Payable $250,000 credit Purchase Discounts $25,000 credit Cash $255000 C- Credit Cash $225,000; Debit interest Expense $25000. D- Credit Cash $225,000; debit income $25,000; debit Accounts payable $250000 E- Credit Equipment $250,000; Debit Cash $250,000