Using a perpetual inventory system, how should a company record the sale of inventory costing $590 for $1,180 on account? Event Account Title Debit Credit 1. Inventory 590 Cost of Goods Sold 590 Sales Revenue 1,180 Accounts Receivable 1,180 2. Accounts Receivable. 1,180 Sales Revenue 1,180 Cost of Goods Sold 590 Inventory 590 Inventory 590 Gain 590 Sales Revenue 1,180 4. Accounts Receivable 1,180 Sales Revenues 590 Gain 590 Multiple Choice Option 1 Option 2 Option 3 Option 4 D