Question 20 Points Using a perpetual inventory system how should a company record the sale of inventory costing 3620 for 1960s account 1 520 620 960 Inventory cost of Goods Sold Sales Revenue Accounts Receivable Accounts Receivable Sales Revenge Cost of Goods Sold Inventory 960 960 900 020 620 3 Inventgy 620 340 900 4 Gain Sales Revenue Accounts Receivable Sales Revenues Gain 960 620 40 The correct journal entry is A option 1 B option 2 option 3 D option 4 LAM