OT 1.00 P Flag question On November 1, 2021, Green Valley Farm entered into a contract to buy a $150,000 harvester from John Deere. The contract required Green Valley Farm to pay $150,000 in advance on November 1, 2021. The harvester (cost of $110,000) was delivered on November 30, 2021. The journal entry on November 1, 2021 includes a Select one: O A. credit to Sales Revenue for $150,000. O B. credit to Unearned Sales Revenue for $150,000. O C. credit to Accounts Receivable for $150,000. D. debit to Unearned Sales Revenue for $150,000. Next page Previous page P Flag question Noncash consideration should be Select one: O A. recognized on the basis of original cost paid by customer. O B. recognized on the basis of fair value of what is given up. O C. recognized on the basis of fair value of what is received. O D. recognized on the basis of fair value of equivalent goods or services. Next pa Previous page W Flag question ABC declared and issued stock dividend to its common shareholders in January of the current year. The dividend: Select one: O a. Will be subtracted from the numerator of the earnings per share fraction for the current year. O b. Will increase the numerator of the earnings per share fraction for the current year. O c. Will increase the denominator of the earnings per share fraction for the current year. O d. Has no effect on the earnings per share for the coming year. w When a contract modification does not result in a separate performance obligation, the additional products are priced at the Select one: O A. blended price of original contract and contract modification. O B. standalone price of the product. O C. selling price specified in contract modification. O D. average selling price of original selling price and standalone price. Next page Previous page w