Bryan Company Purchased Merchandize Worth $1,800 on Credit,terms N/30 and Returned

Multiple Choice

Bryan Company purchased merchandize worth $1,800 on credit,terms n/30 and returned merchandise worth $200 the next day.What is the required journal entry to record the merchandise returns under the perpetual inventory system?

A) Accounts Payable 200
Purchases Returns and Allowances 200
B) Accounts Payable 200
Merchandise Inventory 200
C) Merchandise Inventory 200
Purchases Returns and Allowances 200
D) Purchases Returns and Allowances 200
Merchandise Inventory 200