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Choco Corp. is a retailer of various types of T-shirts. On September 15, 2020, Choco sold 1,000 T-shirts on cash at the price of $10/T-shirt.

Choco Corp. is a retailer of various types of T-shirts. On September 15, 2020, Choco sold 1,000 T-shirts on cash at the price of $10/T-shirt. The cost of these T-shirts is $5/T-shirt.

What is the journal entry for sales on September 15, 2020, if Choco uses a perpetual inventory system?

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