Required Information SB World of Sound is a small retail... (The following information applies to the questions displayed below.] World of Sound is a small retall business that specializes in the sale of top-of-the-line sound systems. This year, the store has begun to carry the Surround Sound manufactured by Carp Co. Thus far, World of Sound has recorded the following transactions involving the surround Sound May 5 Purchased 18 units at a unit cost of $2,480 May 18 Purchased 15 additional units at $2,550 each June 12 Sold 19 units to the Davies Theater MC Qu. 67 If World of Sound uses a perpetual inventory... if World of Sound uses a perpetual Inventory system, the journal entry to record the sale on February 12th would include which of the following? (Assume that World of Sound uses FIFO, meaning that the first goods purchased are the first ones to be sold.) Multiple Choice 0 A credit to the cost of Goods Sold for $45,750. A debit to the Cost of Goods Sold for $45,750. A credit to Purchases for $45.750. O A debrt to Inventory for $45750