In a Perpetual Inventory System,the Sale of Items for Cash

Multiple Choice

In a perpetual inventory system,the sale of items for cash consists of two entries.One entry is a debit to Cash and a credit to Sales.The other entry is a debit to

A) Work in Process Inventory and a credit to Finished Goods Inventory.
B) Finished Goods Inventory and a credit to Cost of Goods Sold.
C) Cost of Goods Sold and a credit to Finished Goods Inventory.
D) Finished Goods Inventory and a credit to Work in Process Inventory.