Theo Corp sells $40,000 of inventory for $65,000 on account. In recording this transaction, the journal entries will include:

• A.

  a credit to Sales Revenue for $25,000.

• B.

  a debit to Sales Revenue for $65,000 and a credit to Cost of Goods Sold for $40,000

• C.

  a debit to Inventory for $40,000 and a credit to Accounts Receivable for $65,000

• D.

  a debit to Cost of Goods Sold for $40,000 and a credit to Sales Revenue for $65,000