On October 1, Darin Company sold merchandise in the amount of $6,500 to Schnee Company, terms 2/10, n/30.

QUESTION 3 On October 1, Darin Company sold merchandise in the amount of $6,500 to Schnee Company, terms 2/10, n/30. The items cost Darin $4,200 and the company uses the perpetual inventory method. On October 4, Schnee returns some of the merchandise. This merchandise had a selling price of $500 and a cost of $200. On October 8, Schnee Company paid Darin Company the correct amount due. 3. What is the journal entry that Darin makes on October 1 to record this sale? O A. Accounts Receivable 6,500 Sales Revenue 6,500 O B. Sales Revenue 6,500 Accounts Receivable 6,500 Costs of Goods Sold 4,200 Inventory 4,200 O C. Accounts Receivable 6,500 Sales Revenue 2,300 Inventory 4,200 OD. Accounts Receivable 6,500 Sales Revenue 6,500 Costs of Goods Sold 4,200 Inventory 4,200