On 15 November 2017, Hi-Def TV Ltd sold 50 home theatre packages with a sales price of $2,420 (including 10% GST) per package. Each package cost $1,200 (excluding 10% GST). The customer agreed to an installment plan paying a 10% deposit on 15 November, followed by four equal monthly payments commencing on 15 December. Using the installment method, the journal to record the cost of goods sold for each month will include:
A.
Debit to cost of goods sold for $11,137.50
B.
Credit to cost of goods sold for $11,137.50
C.
Debit to cost of goods sold for $13,612.50
D.
Credit to cost of goods sold for $13,612.50