June 1 A company that uses the perpetual inventory system sold goods to a customer on account on June 14 for $37. 80. The company has the following inventory information: Beginning Inventory 14 units at $5 each June 10 Purchase 16 units at $6 each June 11 Sale 5 units June 14 Sale 6 units The company uses the FIFO method of inventory costing. Which of the following journal entries correctly records the sale on June 14? O A Cash 37.80 Sales Revenue 37.80 Cost of Goods Sold 81 Merchandise Inventory 81 37.80 37.80 OB, Accounts Receivable Sales Cost of Goods Sold Merchandise Inventory 36 36 37.80 37 80 C Accounts Receivable Sales Cost of Goods Sold Merchandise Inventory 27 27 OD 37.80 37.80 Sales Revenue Accounts Receivable Cost of Goods Sold Merchandise Inventory 81 81