Eller Company sold inventory that cost $22,500 for $48,000 cash. Which of the following is the correct journal entry to record this sale?

a.

	Debit	Credit
Cash	48,000
Merchandise Inventory		22,500
Sales Revenue		25,500

b.

Merchandise Inventory	22,500
Sales Revenue	25,500
Cash		48,000

c.

Sales Revenue	48,000
Cash		48,000
Merchandise Inventory	22,500
Cost of Goods Sold		22,500

d.

Cash	48,000
Sales Revenue		48,000
Cost of Goods Sold	22,500
Merchandise Inventory		22,500