A buyer would record a payment within the discount period under a perpetual inventory system by crediting
A) Accounts Payable.
B) Merchandise Inventory.
C) Purchase Discounts.
D) Sales Discounts.

Question

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The Answer of A buyer would record a payment within the discount period under a perpetual inventory system by crediting
A) Accounts Payable.
B) Merchandise Inventory.
C) Purchase Discounts.
D) Sales Discounts.

A Buyer Would Record a Payment Within the Discount Period