15 - A company sold merchandise for $350 that cost $221. The entry to record the cost of the merchandise sold would be a: a) debit to Cost of goods sold and a credit to Inventory for $221. come b) debit to Inventory for $221 and a credit to Cost of goods sold for $221. c) debit to Cash and a credit to Sales for $350. d) debit to Sales and a credit to Cash for $350