A Moving to the next question prevents changes to this answer. Question 3 JOURNAL ENTRIES: Using the perpetual method, what is the journal entry to record the purchase of $4,000 of merchandise inventory on account? A. Dr. Merchandise Inventory 4,000; Cr. Accounts Payable 4,000 Accounts Payable 4,000; Cr. Merchandise Inventory 4,000 C. Dr. Accounts Payable 4,000; Cr. Purchases 4,000 D. Dr. Purchases 4,000; Cr. Accounts Receivable 4,000 E. None of the above B. Moving to the next question prevents changes to this answer. 19 esc Q a % 5 2 3 4