Co. sells $2,000 of inventory to Hancock Co. for cash. C d paid $1,250 for the system, which of the following journal entry(ies) would be recorded? O a. debit Accounts Receivable, $2,000; credit Sales, $2,000; and debit Cost of Merchandise Sold, $1,250; credit Merchandise Inventory $1,250 Ob. debit Cash, $2,00o; credit Merchandise Inventory, $1,250 c. debit Cash, $2,000; credit Sales, $2,000, and debit Cost of Od. debit Cash, $1,250; credit Sales, $1,250 $1,250