Question 27 3.5 pts Mitchell uses a perpetual inventory system. Mitchell sells a computer from inventory for $1,198 on credit. Mitchell originally bought the computer from IBM for $790. What journal entry (entries) will Mitchell prepare to record the sale? Debit Inventory for $790, debit Cost of Goods Sold for $408, and credit Accounts Receivable for $1.198. Debit Accounts Receivable for $1,198, credit Inventory for $790, and credit Gross Profit for $408. O Debit Cash and credit Sales Revenue for $1,198; debit Cost of Goods Sold and credit Inventory for $790. Debit Accounts Receivable and credit Sales Revenue for $1.198; debit Cost of Goods Sold and credit Inventory for $790. Ne Hide honork rom is sharing your screen