Theo Corp sells $40,000 of inventory for $65,000 on account. In recording this transaction, the journal entries will include: A. a debit to Cost of Goods Sold for $40,000 and a credit to Sales Revenue for $65,000 B. a credit to Sales Revenue for $25,000. C. a debit to Inventory for $40,000 and a credit to Accounts Receivable for $65,000 D. a debit to Sales Revenue for $65,000 and a credit to Cost of Goods Sold for $40,000