Using a perpetual Inventory system, how should a company record the sale of inventory costing $620 for $960 on account? 1. 620 620 960 960 960 620 Inventory Cost of Goods Sold Sales Revenue Accounts Receivable Accounts Receivable Sales Revenue Cost of Goods Sold Inventory Inventory Gain Sales Revenue Accounts Receivable Sales Revenues Gain 3. 620 340 960 960 Multiple Choice Option 1 Multiple Choice Option 1 Option 2 Option 3 Option 4