Parker Industrial Corp When the Sales Journal Is Posted to the General Ledger

Parker Industrial Corp. uses a sales journal to record each sale transaction. At the end of January, the sales journal was as you see below: Sales Journal $\begin{array}{|r|r|l|l|r|r|}\hline& & & &\text { Accts Rec } & \\\text { Date } & \text { Invoice \# } & \text { Customer } & \text { Post } & \text { DR } & \text { COGS DR/ } \\&&&\text { Ref. } & \text { Sales Rev CR } & \text { Inventory CR }\\\hline \text { Jan 12 } & 3077 & \text { Fogelin, A. } & & \$ 2,400 & \$ 960 \\\hline 19 & 3078 & \text { Faass Products Co. } & & 1,012 & 800 \\\hline 24 & 3079 & \text { Lanier Service Inc. } & & 444 & 201 \\\hline 29 & 3080 & \text { June, L. } & & 709 & 366 \\\hline 31 & & \text { Total } & & \$ 4,565 & \$ 2,327 \\\hline\end{array}$ When the sales journal is posted to the general ledger, which entries are made?

A) debit Accounts Receivable $4,565; credit Inventory $2,327 debit Sales Revenue $4,565; credit COGS $2,327
B) debit Sales Revenue $4,565; credit Accounts Receivable $4,565 debit Inventory $2,327; credit COGS $2,327
C) debit Accounts Receivable $4,565; credit Sales Revenue $4,565 debit COGS $2,327; credit Inventory $2,327
D) debit Accounts Receivable $2,327; credit Inventory $2,327 debit COGS $4,565; credit Inventory $4,565