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ABC purchases $1,000 of merchandise on account. ABC's journal entry to record this transaction includes a _________
A. debit to inventory of $1,000 and a credit to accounts receivable of $1,000
B. debit to accounts receivable of $1,000 and a credit to inventory of $1,000
C. debit to inventory of $1,000 and a credit to accounts payable of $1,000
D. debit to accounts payable of $1,000 and a credit to inventory of $1,000
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