7 - A company uses the perpetual inventory method. Which of the following entries would be made to record a 1,200 TL sale of merchandise on account? The merchandise had cost the company 800 TL. a) 1,200 TL debit to Inventory, 1,200 TL credit to Sales Revenue, and, 800 TL debit to Account Payayble, 800 TL credit to Cost of Goods Sold b) O 1,200 TL debit to Accounts Receivable, 1,200 TL credit to Sales Revenue, and, 800 TL debit to Cost of Goods Sold, 800 TL credit to Inventory c) 1,200 TL debit to Cash, 1,200 TL credit to Sales Revenue, and, 800 TL debit to Inventory, 800 TL credit to Cost of Goods Sold d) 800 TL debit to Accounts Receivable, 800 TL credit to Sales Revenue, and, 400 TL debit to Cost of Goods Sold, 400 TL credit to Inventory