A Company That Uses the Perpetual Inventory System Purchased 500

A company that uses the perpetual inventory system purchased 500 pallets of industrial soap for $9,000 and paid $790 for the freight-in. The company sold the whole lot to a supermarket chain for $13,000 on account. The company uses the specific-identification method of inventory costing. Which of the following entries correctly records the cost of goods sold?

A) $$\begin{array} { | c | r | r | } \hline \text { Cost of Goods Sold } & 9,790 & \\\hline \text { Merchandise Inventory } & & 9,790 \\\hline\end{array}$$
B) $$\begin{array} { | c | r | r | } \hline \text { Merchandise Inventory } & 9,790 & \\\hline \text { Cost of Goods Sold } & & 9,790 \\\hline\end{array}$$
C) $$\begin{array} { | c | r | r | } \hline \text { Cost of Goods Sold } & 9,000 & \\\hline \text { Sales Revenue } & & 9,000 \\\hline\end{array}$$
D) $$\begin{array} { | c | r | r | } \hline \text { Cost of Goods Sold } & 9,000 & \\\hline \text { Merchandise Inventory } & & 9,000 \\\hline\end{array}$$