Cumberland Co. sells $2,000 of inventory to Hancock Co. for cash. Cumberland paid $1,250 for the merchandise. Under a perpetual inventory system, which of the following journal entry(les) would be recorded? Oa. debit Cash, $2,000, credit Sales, $2,000; and debit Cost of Goods Seld, $1,250, credit Inventory, $1,250 Ob. debit Cash, $1,250, credit Sales, $1,250 Oc. debit Cash, $2,000; credit inventory, $1,250 Od. debit Accounts Receivable, $2,000; credit Sales, $2,000, and debit Cost of Goods Seld, $1,250; credit Inventory, $1,250