3 1 pts Jarvis Company sold inventory that cost $1,240 for $3,850 on account. Which ONE of the following would be included in the journal entries necessary to record this sale of inventory on account? CREDIT to Cost of Goods Sold for $1,240 DEBIT to Cost of Goods Sold for $3,850 DEBIT to Cost of Goods Sold for $1,240 CREDIT to Cost of Goods Sold for $2,610 CREDIT to Cost of Goods Sold for $3,850 DEBIT to Cost of Goods Sold for $2,610