Help Save & Exit Submit Lubime Morgan, Inc. uses a perpetual Inventory system and the net method of recording purchases. On May 12, a merchandise purchase of $18.200 was made on credit. 3/10, n/30. The Journal entry to record this purchase is Multiple Choice 18,200 Merchandise Inventory Accounts Payable 18,200 10,200 hecounts Payable Merchandise Inventory 18,200 Purchases Nocounts Payable 10,200 11.200 O Durchaus ABOURL Payable 12.654 17.654 1265 Marabandis Twenty hosounts Payable 17.654