On July 1,Darin Company Sold Inventory Costing $4,500 to Dee

Multiple Choice

On July 1,Darin Company sold inventory costing $4,500 to Dee Company for $6,000,terms 2/10,n/30.Both companies use a perpetual inventory system.What journal entry will be recorded by Dee Company on July 1?

A) Debit Purchases and credit Accounts Payable for $6,000
B) Debit Inventory and credit Accounts Receivable for $6,000
C) Debit Inventory and credit Accounts Payable for $6,000
D) Debit Cost of Goods Sold and credit Inventory for $4,500