Dillon Wholesale Foods Allows Retailers to Purchase Merchandise Using Trade

Dillon Wholesale Foods allows retailers to purchase merchandise using trade credit. For Dillon, this type of transaction

A) is written off as a bad-debt expense.
B) is an unusual type of transaction between a wholesaler and retailers.
C) should be paid within thirty to sixty days.
D) is referred to as a notes payable account by Dillon's accountants.
E) creates a liability for Dillon Wholesale.