A company purchased inventory for $ 1,000

$1,000 per unit. The company later sold one unit of the inventory for cash of $ 1,700

$1,700. Under the perpetual inventorysystem, which accounts will be debited to record thesale?

here are the answers provided

A.

Cash, $ 1700

$1,700; Inventory, $ 1000

$1,000

B.

Cash, $ 1700

$1,700; Inventory, $ 700

$700

C.

Cash, $ 1700

$1,700; Cost of GoodsSold, $ 1000

$1,000

D.

Cash, $ 1700

$1,700; Cost of GoodsSold, $ 700