A Company That Uses a Perpetual Inventory System Purchased Inventory $$\begin{array} { | c | r | r | } \hline \text { Purchase Returns } & 200 & \\\hline \text { Accounts payable } & & 200 \\\hline\end{array}$$

A company that uses a perpetual inventory system purchased inventory on account and later returned goods worth $200 to the vendor. The journal entry to record these returns would be:

A) $$\begin{array} { | c | r | r | } \hline \text { Purchase Returns } & 200 & \\\hline \text { Accounts payable } & & 200 \\\hline\end{array}$$
B) $$\begin{array} { | c | r | r | } \hline \text { Accounts Payable } & 200 & \\\hline \text { Purchase Returns } & & 200 \\\hline\end{array}$$
C) $$\begin{array} { | c | r | r | } \hline \text { Merchandise Inventory } & 200 & \\\hline \text { Accounts Payable } & & 200 \\\hline\end{array}$$
D) $$\begin{array} { | c | r | r | } \text { Accounts Payable } & 200 & \\\hline \text { Merchandise Inventory } & & 200 \\\hline\end{array}$$