Which of the following journal entries represents the recording of the sale and release of inventory in a perpetual inventory system?1. A debit to Accounts Receivable and a credit to Sales Revenue.A debit to Cost of Goods Sold and a credit to Finished Goods Inventory2. A credit to Accounts Receivable and a debit to Sales Revenue.A debit to Finished Goods Inventory and a credit to Cost of Goods Sold.3. A debit to Finished Goods Inventory and a credit to Accounts Receivable4. A credit to Finished Goods Inventory and a debit to Fixed Manufacturing Overhead