On July 22, a Company Purchased Merchandise Inventory at a Cost

On July 22, a company purchased merchandise inventory at a cost of $5,250 with credit terms 2/10, net 30. If the company pays for the purchase on August 1, what would be the appropriate journal entry?

A) $\begin{array} { | c | c | c | } \hline \text { Merchandise Inventory } & 5,250 & \\\hline \text { Accounts Payable } & & 5,250 \\\hline\end{array}$
B) $\begin{array} { | c | c | c | } \hline \text { Accounts Payable } & 5,250 & \\\hline \text { Merchandise Inventory } & & 5,250 \\\hline\end{array}$
C) $\begin{array} { | c | c | c | } \hline \text { Purchase Discount } & 5,145 & \\\hline \text { Accounts Payable } & & 5,145 \\\hline\end{array}$
D) $\begin{array} { | c | c | c | } \hline \text { Accounts Payable } & 5,145 & \\\hline \text { Cash } & & 5,145 \\\hline\end{array}$
E) $\begin{array} { | l | r | r | } \hline \text { Accounts Payable } & 5,250 & \\\hline \text { Merchandise Inventory } & & 105 \\\hline \text { Cash } & & 5,145 \\\hline\end{array}$