Tokyo Motor Company (Tokyo), a Japanese Car Manufacturer, Reported Sales

Tokyo Motor Company (Tokyo) , a Japanese car manufacturer, reported Sales of Products of ¥22,670 billion for the year ended March 31, 2014.The Cost of Products Sold was ¥18,356 billion.Assume that Tokyo made all sales on credit.Select the correct journal entries that Tokyo made during the fiscal year ended March 31, 2014, related to these transactions.[Tokyo applies U.S.GAAP, and reports its results in millions of yen (¥) .]

A) Accounts Receivable ¥22,670 billion Inventories ¥22,670 billion
Cost of Goods Sold ¥18,356 billion
Revenues ¥18,356 billion
B) Accounts Receivable ¥18,356 billion Inventories ¥18,356 billion
Cost of Goods Sold ¥22,670 billion
Revenues ¥22,670 billion
C) Accounts Receivable ¥18,356 billion Revenues ¥18,356 billion
Cost of Goods Sold ¥22,670 billion
Inventories ¥22,670 billion
D) Accounts Receivable ¥22,670 billion Revenues ¥22,670 billion
Cost of Goods Sold ¥18,356 billion
Inventories ¥18,356 billion
E) none of the above