Avery Supplies Uses a Periodic Inventory System $$\begin{array} { | l | r | r | } \hline \text { Purchases } & 10,000 & \\\hline \text { Accounts payable } & & 10,000 \\\hline\end{array}$$

Avery Supplies uses a periodic inventory system.Avery purchased $10,000 of inventory on account.The terms were 3/10,n/30.The purchase was made on February 1.
-Which of the following journal entries properly records this transaction?

A) $$\begin{array} { | l | r | r | } \hline \text { Purchases } & 10,000 & \\\hline \text { Accounts payable } & & 10,000 \\\hline\end{array}$$
B) $$\begin{array} { | l | r | r | } \hline \text { Accounts payable } & 10,000 & \\\hline \text { Purchases } & & 10,000 \\\hline\end{array}$$
C) $$\begin{array} { | l | r | r | } \hline \text { Inventory } & 10,000 & \\\hline \text { Accounts payable } & & 10,000 \\\hline\end{array}$$
D) $$\begin{array} { | l | r | r | } \hline \text { Inventory } & 10,000 & \\\hline \text { Cash } & & 10,000 \\\hline\end{array}$$