The Discounts Lost Account

The Discounts Lost account:

A) Is used with the gross method of recording purchases to highlight the value of purchase discounts taken.
B) Is used with the gross method of recording purchases to highlight the value of purchase discounts available but not taken.
C) Is used to note situations where the accounting department has lost or misplaced paperwork relating to inventory purchases.
D) Is used with the net method of recording purchases to highlight the value of purchase discounts taken.
E) Is used with the net method of recording purchases to highlight the value of purchase discounts available but not taken.