Community Corp. uses the perpetual inventory method to account for its merchandise transactions. Community entered into the following transactions during March: March 5 March 8 Community sold merchandise to Autumn Company for $220,000, terms 2/10, n/30. The merchandise cost Community $132,000. Autumn returned $11,000 of the merchandise purchased on March 5. The returned merchandise cost Community $6,600. Community collected the payment due from Autumn. March 14 When recording the March 5 sale of merchandise, Community Corp would include a: Multiple Choice credit to Accounts Receivable for $220,000. debit to Sales Revenue for $220,000. credit to Gross Profit for $88,000. credit to Inventory for $220,000. debit to Cost of Goods Sold for $132,000