The journal entry for the purchase of inventory on account using the periodic inventory system is Date Accounts and Explanation Debit Credit A. Accounts Payable xxx Merchandise Inventory xxx B. Purchases xxx Accounts Payable xxx C. Merchandise Inventory xxx Accounts Payable xxx D. Purchases xxx Accounts Receivable xxx

B. Purchases(Debit) and Account Payable(Credit)

Explanation:

Under the periodic accounting system, every item that is purchased, even inventory, is recorded under the head of purchases.

Hence here, Purchases are being debit since the inventory is being purchased while the account payable is being credit because the purchase is being made on account.

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 The answer is  a. Personal selling