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ZB Company Purchased $5,000 of inventory on account from a supplier. ZB Company uses the periodic inventory system. What is the correct journal entry for

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ZB Company Purchased $5,000 of inventory on account from a supplier. ZB Company uses the periodic inventory system. What is the correct journal entry for this transaction? Purchases $5,000 Accounts Payable $5,000 Accounts Payable $5,000 Purchase:s $5,000 Inventory $5,000 Accounts Payable $5,000 Purchase:s $5,000 Accounts Receivable $5,000

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