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Earle sold inventory on credit for $400. The goods were estimated to have a cost of $150 Under the perpetual inventory method, the sale of

Earle sold inventory on credit for $400. The goods were estimated to have a cost of $150 Under the perpetual inventory method, the sale of goods would be recorde Time left 0:10:02 O a, Dr Accounts receivable 400; Cr Sales revenue 400 Dr Inventory 150; Cr COGS 150 LL O b. Dr Accounts receivable 400; Cr Sales revenue 400 Dr COGS 250; Cr Inventory 250 O c. Dr Accounts receivable 400; Cr Sales revenue 400 Dr COGS 150; Cr Inventory 150 O d. Dr Accounts receivable 400; Sales revenue 400

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