Question: In perpetual inventory system we learned from class, if the business purchased $900 inventory and $300 office supplies on account, the accounting entry for the

In perpetual inventory system we learned from class, if the business

In perpetual inventory system we learned from class, if the business purchased $900 inventory and $300 office supplies on account, the accounting entry for the purchase will be: O A. Dr. Inventory 1,200 Cr. Accounts Payable 1,200 O B. Dr. Inventory 900 and Office Supplies 300, Cr. Accounts Payable 1,200 O C. Dr. Inventory 1,200 Cr. Accounts Payable 1,200 O D. Dr. Office Supplies 1,200 Cr. Accounts Payable 1,200

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