(Accounting) Only answer if you know how to do this correctly. Correct answers will get

A company that uses the perpetual inventory system purchased inventory for $980,000 on account with terms of 5/7, n/20. Which of the following correctly records the payment made 15 days after the date of invoice? A. Accounts Payable Cash 980,000 980,000 980,000 B. Cash Accounts Payable 980,000 C. Accounts Payable Merchandise Inventory 980,000 980,000 980,000 D. Accounts Payable Merchandise Inventory Cash 49,000 931,000 The periodic inventory system A. works well for businesses in which the inventory is large in size or dollar amount B. involves the use of inventory costing methods C. is more difficult to maintain than a perpetual inventory system D. cannot be used with a specific identification costing method