Your company purchases $10,000 of inventory 2/10, n/30. At the time of purchase, your firn debits Inventory for $10,000 and credits Account Payable for $10,000. If your company pays for the merchandise before the discount period lapses, you will: debit Purchase Discounts Lost for $200 credit Inventory for $200. credit Purchase Discounts for $200. debit Purchase Discounts for $200. debit Account Payable for $9,800.