A company sold merchandise with a cost of $222 for $420 on account. The seller uses the perpetual inventory system. The entry to record the O A. a debit to Cost of Goods Sold and a credit to Merchandise Inventory for $222 OB a debit to Sales Revenue and a credit to Cash for $420 OC. a debit to Cash and a credit to Sales Revenue for $420 OD. a debit to Merchandise Inventory for $222 and a credit to Cost of Goods Sold for $222