What Is the Journal Entry Required to Record the Ordering

What is the journal entry required to record the ordering of North's merchandise?

A) No entry is required.
B)
$\begin{array}{|l|l|l|}\hline & \text { Debit } & \text { Credit } \\\hline \text { Merchandise Inventory } & \text { CDN } \$ 686,700 & \\\hline \text { Accounts Pay able } & & \text { CDN } \$ 686,700 \\\hline\end{array}$
C)
$\begin{array}{|l|l|l|}\hline & \text { Debit } & \text { Credit } \\\hline \text { Merchandise Inventory } & \text { CDN } \$ 697,500 & \\\hline \text { Accounts Pay able } & & \text { CDN } \$ 697,500 \\\hline\end{array}$