Kings Co., LLC makes a sale of merchandise for $5,820 on credit with terms 1/15,n/45. The original cost of the merchandise to Kings is $3,770. Record the sale and cost of goods sold below. Record the sales part first, then the cost of goods sold portion second (like in the PowerPoint).

Accounts	Debit	Credit
[ Select ] ["Accounts Receivable", "Cash", "Accounts Payable", "Sales Revenue"]	[ Select ]
[ Select ] ["Accounts Receivable", "Sales Revenue", "Cost of Goods Sold", "Cash"]		[ Select ]
[ Select ] ["Sales Revenue", "Cost of Goods Sold", "Accounts Payable", "Inventory"]	[ Select ]
[ Select ] ["Inventory", "Accounts Receivable", "Accounts Payable", "Cost of Goods Sold"]		[ Select ]