31) Beauty Hair Supplies company purchased 150 hair clips for $5 each and 120 hair bands for $6.5 The company sold 50 hair clips and 30 hair bands for a total of $660 on account to Colourful, Hairwo Beauty uses the specific identification method of inventor costing. Which of the following entries corr recorded the sale and the cost of goods sold. (Assume that the company uses a perpetual inventory A) Accounts Receivable $660 Sales Revenue $660 Cost of goods sold $445 Inventory $445 B) Accounts Receivable $445 Sales Revenue $445 Cost of goods sold $660 Inventory $660 C) Cost of goods sold $660 Sales Revenue $660 Accounts Receivable $445 Inventory $445 D) Inventory $660 Sales Revenue $660 Accounts Receivable $445