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April 20 current year: Sarah bought 80 bags of mulch for $640.00 June 12 current year: Sarah bought 75 bags of mulch for $618.75 July

  • April 20 current year: Sarah bought 80 bags of mulch for $640.00
  • June 12 current year: Sarah bought 75 bags of mulch for $618.75
  • July 1 current year: Sarah sold 125 bags of mulch to Smith Landscaping

What is the debit entry to Cost of Goods Sold when Sarah records the sale to Smith Landscaping?

  • $1,000.00
  • $1,011.25
  • $1,015.12
  • $1,031.25

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