The journal entry to record the receipt of inventory purchased for cash in a perpetual inventory system would be
a. Jan. 1 Cash 1,500; Accounts Receivable 1,500
b. Jan. 1 Purchases 1,500; Accounts Payable 1,500
c. Jan. 1 Inventory 1,500;Office Supplies 1,500
d. Jan. 1 Inventory 1,500;Cash 1,500