Smithville Furniture Sold 15 Desks, with a Cost of $6,500

Smithville Furniture sold 15 desks, with a cost of $6,500, for $11,250 on account. Smithville uses the periodic inventory system. Which of the following is the correct way to record this transaction?

A) $$\begin{array} { | l | l | l | } \hline \text { Accounts } & \text { Debit } & \text { Credit } \\\hline \text { Sales Revenue } & 11,250 & \\\hline \text { Accounts Receivable } & & 11,250 \\\hline\end{array}$$
B) $$\begin{array} { | l | r | r | } \hline \text { Accounts } & \text { Debit } & { \text { Credit } } \\\hline \text { Accounts Receivable } & 11,250 & \\\hline \text { Sales Revenue } & & 11,250 \\\hline \text { Cost of Goods Sold } & 6,500 & \\\hline \text { Merchandise Inventory } & & 6,500 \\\hline\end{array}$$
C) $$\begin{array} { | l | l | l | } \hline \text { Accounts } & \text { Debit } & \text { Credit } \\\hline \text { Accounts Receivable } & 11,250 & \\\hline \text { Sales Revenue } & & 11,250 \\\hline\end{array}$$
D) $$\begin{array} { | l | r | r | } \hline \text { Accounts } & \text { Debit } & \text { Credit } \\\hline \text { Accounts Receivable } & 11,250 & \\\hline \text { Sales Revenue } & & 11,250 \\\hline \text { Purchases } & 6,500 & \\\hline \text { Merchandise Inventory } & & 6,500 \\\hline\end{array}$$