Chico.com sold 65 jet skis on account for $7,700 which cost $5,500. The entry to record the sale would include a:
A) credit to Finished Goods Inventory $5,500.
B) credit to Account Receivable for $7,700.
C) debit to Cost of Goods Sold for $7,700.
D) All of the above
Correct Answer:
Verified
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