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Massive Dynamic sold its solar panels for $50,000 on account with cost of goods sold of $20,000. The company uses the perpetual inventory method. When recording this transaction, which accounts were debited? SELECT ONLY ONE Accounts Payable and Cost of Goods Sold Accounts Payable and Sales Sales and Inventory Accounts Receivables and Inventory Accounts Receivables and Cost of Goods Sold To: accounting@sportingsupply.com Subject:Lease renewal Good morning, Yesterday I renewed our building lease for the next 3 years. I know we might move sooner than that, but it was cheaper this way. You mentioned that we only have the funds to operate for the next 16 months, but I'm confident things will look up soon. Thanks, Sheila Dawson CEO How should Sporting Supply recognize its building lease