Dok ht ences ic Check my work Middleton Company uses the perpetual inventory method. The company purchased an item of inventory for $130 and sold the item to a customer for $230. What effect will the sale have on the company's Inventory account? Multiple Choice The inventory account will decrease by $230. The inventory account will decrease by $130. The inventory account will decrease by $100. There is no effect on the inventory account. < Prev 7 of 10 Next >