On October 1, 2010, Shoe World Purchased 100 Pairs of Tennis

On October 1, 2010, Shoe World purchased 100 pairs of tennis shoes at $30 per pair from Run Mfg. On October 3, Sally Jacobs bought three pair of the tennis shoes at $45 per pair. On October 11, Jacobs returned two pair of shoes to Shoe World, which uses a perpetual inventory system. Shoe World should recognize a

A) $60 decrease in its purchases account.
B) $60 increase in its purchases returns account.
C) $60 increase in its inventory account.
D) $30 decrease in its inventory account.
E) $60 increase in its sales returns account.