A company uses the perpetual inventory method. Which of the following entries would be made to record a sale of inventory on account? EXPLAIN WHY YOU CHOSE THE ANSWER

A) The accounting entry would be a debit to Accounts payable and a credit to Purchases.

B) The accounting entry would be a credit to sales and debit to A/R; and a corresponding debit to inventory and credit to COGS

C) The accounting entry would be a debit to Inventory and a credit to COGS.

D) The accounting entry would be a credit to sales and debit to AR and a debit to COGS and credit to Inventory.