Malone Corporation Uses the Perpetual Inventory Method

Multiple Choice

Malone Corporation uses the perpetual inventory method.On March 1, it purchased $30,000 of inventory, terms 2\10, n\30.On March 3, Malone returned goods that cost $3,000.On March 9, Malone paid the supplier.On March 9, Malone should credit

A) purchase discounts for $600.
B) inventory for $600.
C) purchase discounts for $540.
D) inventory for $540.