Which of the following best describe the meaning of "Purchase"? A)Items bought B)goods bought on credit C)goods bought for resale D)goods paid for Give reasons to your answer and why others are not?

A) Items bought - This best describes the meaning of "Purchase" because it is a general term used to refer to acquiring goods or services in exchange for money or other forms of payment. It can encompass all types of transactions where something is bought.

B) Goods bought on credit - This is not the best description of "Purchase" because it specifically refers to buying goods with the promise of paying for them at a later date, rather than immediately exchanging money for them.

C) Goods bought for resale - This is not the best description of "Purchase" because it is a specific type of purchase where goods are bought with the intention of reselling them, rather than for personal use.

D) Goods paid for - This is not the best description of "Purchase" because it is too narrow and does not capture the full meaning of the term, which includes acquiring goods through various forms of payment, not just cash.