Fancy Clothing Store made a sale for $2,000 and the customer used a credit card, the cost of these goods was $1,200. When a company uses the perpetual inventory system the journal entry would be: O A. Cash 2,000 Sales Revenue 2,000 Cost of Goods Sold 1,200 Merchandise Inventory 1,200 O B. Cash 2,000 Sales Revenue 2,000 Merchandise Inventory 1,200 Cost of Goods Sold 1,200 O C. Accounts Receivable 2,000 Sales 2,000 Cost of Goods Sold 1,200 Merchandise Inventory 1,200 O D. Sales Revenues 2,000 Merchandise Inventory 2,000 Cash 1,200 Cost of Goods Sold 1,200