on January 3 Gourmet cakes sold 15,000 of merchandise on account with terms 2/10, n/30, jerry hines. Assuming that the original cost of the merchandise to gourmet Cakes was 4000 and the perpetual inventory system is use the journal entry on January 3 to record the sale would be:

OPTION A) CREDIT DEBIT 15,000 15,000 B) 15,000 15,000 4,000 ACCOUNT TITLE Sales Accounts Receivable/3.Hines Accounts Receivable/J.Hines Sales Cost of Goods Sold Merchandise Inventory Accounts Payable/J.Hines Sales Merchandise Inventory Cost of Goods Sold Accounts Receivable/3.Hines Sales Cost of Goods Sold c) 4,000 15,000 15,000 4,000 4,000 D) 15,000 11,000 4,000 Multiple Choice nces Option A Option B Option Option D