A company that uses the perpetual inventory system sold goods to a customer on account on May 7 for $98. The company has the following inventory Information: May 1 Beginning Inventory 9 units at $3 each Purchase 15 units at $4 each May 7 Sale 14 units May 4 The company uses the Weighted - Average method of inventory costing Which of the following journal entries correctly records the sale on May 7 (rounded to two decimal places) 98.00 98.00 OA. Accounts Receivable Sales Revenue Cost of Goods Sold Merchandise Inventory 50.82 50.82 98.00 98.00 B. Sales Revenue Accounts Receivable Cost of Goods Sold Merchandise Inventory 50.82 50.82 98.00 98.00 OC. Accounts Receivable Sales Revenue Cost of Goods Sold Merchandise Inventory 84.00 84.00 98.00 98.00 OD. Sales Revenue Accounts Receivable Cost of Goods Sold Merchandise Inventory 51.52 51.52