Lazareth Machine Metals Sold Inventory to Talla Manufacturing for $5,000 $\begin{array} { l l l } \text { Cost of Goods Sold } & 5,000 & \\\text { Szles } & & 5,000 \\\end{array}$

Lazareth Machine Metals sold inventory to Talla Manufacturing for $5,000 cash.Which of the following is the journal entry made by Lazareth Machine Metals? Assume the periodic inventory system is used.

A) $\begin{array} { l l l } \text { Cost of Goods Sold } & 5,000 & \\\text { Szles } & & 5,000 \\\end{array}$
B) $\begin{array}{lccc}\text { Cash } & 5,000 & \\\text { Inventory } & & 5,000 \\\end{array}$
C) $\begin{array}{lccc}\text { Accounts Receivable } & 5,000 & \\\text { Sales } & & 5,000 \\\end{array}$
D) $\begin{array}{lccc}\text { Cash } & 5,000 & \\\text { Sales } & & 5,000 \\\end{array}$
E) $\begin{array}{lccc}\text { Cash } & 5,000 & \\\text { Accounts Payzble } & & 5,000\end{array}$