For a merchandiser like Best Buy that makes a Credit Sale to a customer of an IPad for $1,000 while Best Buy paid $300 when it purchased the IPad from its Vendor, Apple, Inc: What is/are the entries that Best Buy would make upon the sale to its customer? #1. A. Sales COGS $1,000 $1,000 Inventory $300 Accounts Receivable $300 B. COGS $1,000 Accounts Receivable $1,000 Sales $300 Inventory $300 C. Accounts Receivable $1,000 Sales $1,000 COGS $300 Inventory $300