A Merchandiser Purchased Inventory on Account for $17,000

Multiple Choice

A merchandiser purchased inventory on account for $17,000.In a periodic inventory system,the journal entry to record the purchase would include ________.

A) a debit to Purchases for $17,000 and a credit to Accounts Payable for $17,000
B) a debit to Accounts Payable for $17,000 and a credit to Purchases for $17,000
C) a debit to Merchandise Inventory for $17,000 and a credit to Accounts Payable for $17,000
D) a debit to Accounts Payable for $17,000 and a credit to Merchandise Inventory for $17,000