3 Question 7 (3 points) Saved Racetech Systems, a company that distributes custom motorcycle suspension, has a perpetual inventory system. Racetech sold a suspension system to a customer for $3,000 on account. The system had been purchased by Racetech from a manufacturer for $1,800. Which of the following entries would Racetech record on the sale of the bike? 6 9 Debit Accounts receivable $3,000 Credit COGS $3,000 Debit Revenue $1,800 Credit Inventory $1,800 1 Debit Accounts receivable $3,000 Credit Revenue $3,000 Debit COGS $1,800 Credit Inventory $1.800 Debit Revenue $3.000 Credit Inventory $1,800 av w P