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If merchandise costing $500 that was sold for cash at a price of $620 is returned by the customer, how would this transaction recorded when

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If merchandise costing $500 that was sold for cash at a price of $620 is returned by the customer, how would this transaction recorded when using a perpetual inventory system? Multiple Choice O Debit Cash and credit Sales Revenue for $620 O Debit inventory and credit Cost of Goods Sold for $620. O Debit Sales Revenue and credit Cash for $620, debit Cost of Goods Sold and credit Inventory for $500. O Debt Sales Revenue and credit Cash for $620, debit inventory and credit cost of Goods Sold for $500

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