K A company that uses the perpetual inventory system purchased 500 pallets of industrial soap for $10,000 and paid $850 for the freight-in, The company sold the whole lot to a super for $14,000 on account. Which of the following entries correctly records the sale? OA Cost of Goods Sold Sales Revenue 14,000 14,000 OB. Accounts Receivable 14,000 Sales Revenue 14,000 Cost of Goods Sold 10,850 Merchandise Inventory 10,850 OC. Merchandise Inventory 14,000 Cost of Goods Sold 14,000 OD. Accounts Receivable 14,000 Sales Revenue 14,000 Cost of Goods Sold 10,000 Merchandise Inventory 10,000