Landon Jewelers uses the perpetual inventory system. On April 2, Landon sold merchandise with a cost of $ 3 comma 500 for $ 7 comma 000 to a customer on account with terms of 1/15, n/30. The journal entry to record the cost of goods sold would be:
A. Merchandise Inventory - 2,500, Cost of Goods Sold - 2,500
B. Cost of Goods - 2,500, Accounts Receivable - 2,500
C. Cost of Goods Sold - 2,500, Merchandise Inventory - 2,500
D. Sales Revenue - 2,500, Cost of Goods Sold - 2,500