Returned merchandise paid for within the discount period for cash. The perpetual inventory system is in use. This will be recorded with a debt to a...

Returned merchandise paid for within the discount period for cash. The perpetual inventory system is in use. This will be recorded with a debt to a

a. liability and a credit to an asset

b. asset and a credit to an asset

c. expense and a credit to a liability

d. expense and a credit to an asset