Which would be the correct journal entry

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Question - A company that uses a perpetual inventory system purchased inventory on account and later returned goods worth $400 to the vendor? (prior to? payment). Which would be the correct journal entry to record these? returns?

a. Merchandise inventory 400

accounts payable 400

b. accounts payable 400

Merchandise inventory 400

c. accounts payable 400

purchase returns 400

d. purchase returns 400

accounts payable 400

Reference no: EM133027857

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