Using a perpetual inventory system, how should a company record the sale of inventory costing

$400

for

$1,110

on account?\ \\\\table[[Event,Account Title,Debit,Credit],[1.,Inventory,400,],[Cost of Goods Sold,,400],[Sales Revenue .,1,110,],[Accounts Receivable,,1,110],[2.,Accounts Receivable,1,110,],[Sales Revenue,,1,110],[Cost of Goods Sold,400,],[Inventory,,400],[3.,Inventory,400,],[Gain,710,],[Sales Revenue,,1,110],[4.,Accounts Receivable,1,110,],[Sales Revenues,,400],[Gain,,710]]

Using a perpetual inventory system, how should a company record the sale of inventory costing $400 for $1,110 on account