Assume that J-Mart uses a perpetual weighted average Inventory system. During the period, It sold 14 units on account to one customer. Demonstrate the journal entry required to record the sale and the cost of the sale by selecting all of the correct items below.(Check all that apply) Beginning Inventory 10 0 10@ $15 14 units x$50 each Aug 8 Sale Check all that apply. 0 Merchandise Inventory is credited for $189. Cost of Goods Sold is debited for $700 Cost of Goods Sold is credited for $189 Merchandise Inventory is debited for $189 Sales is debited for $700. Sales is credited for $700. Merchandise Inventory is credited for $700. ? . Accounts Recelvable is debited for $700. Cost of Goods Sold is debited for $189 No ldea