At the end of the month Main Ltd. determined that the cost of goods that had been sold during the month was $125,000. How might this information be recorded? Multiple Choice A decrease in inventory of $125,000 and an increase in expenses of $125.000 An increase in inventory of $125,000 and a decrease in cash of $125,000 None of the other alternatives are correct A decrease in inventory of $125,000 and an increase in expenses of $125,000 An increase in inventory of $125,000 and a decrease in cash of $125,000. None of the other alternatives are correct An increase in expenses of $125,000 and an increase in accounts payable of $125,000 The information is not recorded as no economic event had taken place