Harry Bakery sells land for $$110,000,$ which was bought for $$90,000.$ Which of the following statements is true?

Group of answer choices

Harry will debit Revenues for $$90,000.$

Harry will debit Land for $$90,000.$

Harry will credit Gain on Sale of Land $$20,000.$

Harry will debit Cost of Goods Sold for $$90,000.$

Harry will credit Cash for $$110,000.$