Mer 7.590 DQuestion 2 3 pts Cumberland Co. sells $2.000 of inventory to Hancock Co. for cash. Cumberland paid $1,250 for the merchandise. Under a perpetual inventory system, which of the following journal entry(ies) would be recorded? O debit Accounts Receivable, $2,000; credit Sales, $2,000; and debit Cost of Merchandise Sold, $1,250; credit Merchandise Inventory, $1,250 D debit Cash, $2,000; credit Sales, $2,000: and debit Cost of Merchandise Sold, $1,250; credit Merchandise Inventory, $1,250 Diidebit Cash, $1,250; credit Sales, $1.250 3 pts Question 3