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The Merchandise Inventory account of a company shows a balance of $30,000 but a physical court following entries is required to record the shrinkage? (Assume a perpetual inventory system) 1.000 1.000 1.000 1.000 OA Cont of Goods Sold Merchandise Inventory OB Merchandise Inventory Cost of Good Sod OC Cost of Goods Sold She Expense OD. Cash Merchandise Inventory 1000 1.000 1.000 1.000 Acompany that uses the perpetual inventory system purchased 500 pallets of industrial soap for $10,000 and paid $450 for the freight in the company sold the whole lot to a supermarket chain for $13,000 on account. Which of the following entries correctly recorded the sale? 13,000 13,000 13,000 13,000 13,000 O A Merchandise Inventory Cost of Goods Sold OB, Cost of Goods Sold Sales Revenue OC Accounts Receivable Sales Revenon Cost of Goods Sold Merchandise Inventory OD. Accounts Receivable Sales Revenge Cost of Goods Sold Merchandise Inventory 13,000 10,950 10,950 13,000 13,000 10,000 10,000 The following information relates to Sports Bikes, Inc. Net Sales Revenue $195,000 Cost of Goods Sold 150,000 Interest Revenue 10,000 Operating Expenses 40,000 Calculate the operating income. O A. $15,000 O B. $5,000 O C. $58,000 OD. $220,000