A company that uses the perpetual inventory system purchased 500 pallets of industrial soap for $7,000 and paid $900 for the freight - in. The company sold the whole lot to a supermarket chain for $15,000 on account. Which of the following entries correctly records the sale? O A Merchandise Inventory Cost of Goods Sold 15,000 15,000 15,000 OB. Accounts Receivable Sales Revenue Cost of Goods Sold Merchandise Inventory 15,000 7.000 7.000 OC. Cost of Goods Sold Sales Revenue 15,000 15,000 15,000 OD. Accounts Receivable Sales Revenue Cost of Goods Sold Merchandise Inventory 15,000 7.900 7.900