A wine bar has the following products in stock: 100 bottles of Wine X at a cost of $50 each, 30 bottles of Wine Y at a cost of $80 each and 20 bottles of wine Z at a cost of $100 each. The business uses a perpetual inventory system. If 10 bottles of Wine X are sold for $70 each and 20 bottles of Wine Y are sold for $100 each, which of the following journal entry is required to record the sale? Assume the business uses the perpetual inventory system. Select one: 0 3. Debit Sales Revenue $2,700, Credit Cash $2,700; Debit COS $2,100, Credit Inventory $2,100 0 b. Debit Cash $2,700, Credit Sales Revenue $2,700; Debit COS $2,100, Credit Inventory $2,100 0 c. Debit Sales Revenue $2,700, Credit Cash $2,700 0 cl. Debit Cash $2,100, Credit Sales Revenue $2,100