Choco Corp. is a retailer of various types of mugs. On October 11, 2016, Choco sold 600 mugs on cash at the price of $2/mug. The cost of this mugs are $1/mug. What is the journal entry for sales on October 11, 2016 if Choco use perpetual inventory? Use following accounts to answer: Cost of goods sold, Sales Revenue, Cash, Inventory

Debit Cash $  

Credit ____ _______$  

Debit _____ ________-$  

Credit ____ __________ $