To be considered a group, there must be a minimum of how many members working to accomplish a shared goal?

A merchandiser purchased inventory on account for $10,000. Under the periodic inventory system, the journal entry to record the purchase would include ________

A) a debit to Purchases for $10,000 and a credit to Accounts Payable for $10,000 B) a debit to Accounts Payable for $10,000 and a credit to Purchases for $10,000 C) a debit to Merchandise Inventory for $10,000 and a credit to Accounts Payable for $10,000 D) a debit to Accounts Payable for $10,000 and a credit to Merchandise Inventory for $10,000

Explain the functional structure

What will be an ideal response?