A merchandiser returned inventory worth $1,400 that was purchased on account.Under the periodic inventory system,the journal entry to record the return would include ________.
A)a debit to Purchase Returns and Allowances for $1,400 and a credit to Accounts Payable for $1,400
B)a debit to Accounts Payable for $1,400 and a $1,400 credit to Purchase Returns and Allowances
C)a debit to Purchases for $1,400 and a credit to Accounts Payable for $1,400
D)a debit to Accounts Payable for $1,400 and a credit to Purchases for $1,400

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The Answer of A merchandiser returned inventory worth $1,400 that was purchased on account.Under the periodic inventory system,the journal entry to record the return would include ________.
A)a debit to Purchase Returns and Allowances for $1,400 and a credit to Accounts Payable for $1,400
B)a debit to Accounts Payable for $1,400 and a $1,400 credit to Purchase Returns and Allowances
C)a debit to Purchases for $1,400 and a credit to Accounts Payable for $1,400
D)a debit to Accounts Payable for $1,400 and a credit to Purchases for $1,400

A Merchandiser Returned Inventory Worth $1,400 That Was Purchased on Account.Under