Goods costing $75,000 were sold for $90,000 on account. The entry to record this transaction would include: *

A debit to Accounts Receivable $75,000 and a credit to Sales Revenue $75,000

A debit to Cost of Goods Sold $75,000 and a credit to Finished Goods Inventory $75,000

A debit to Cost of Goods Sold $90,000 and a credit to Finished Goods Inventory $90,000

None of the above