Question 21 1 pts XYZ corporation makes sales with net 20 days. The company made the following journal entries to commit fraud. This is an example of 12/1/2009 Debit PPE $750,000; Credit Bank $750,000 12/5/2009 Debit A/R $750,000; Credit Sales $750,000 12/20/2009 Debit Bank $750,000; Credit A/R $750,000 1. Premature revenue recognition. 2. Revenue recognition in improper period. 3. Fictitious sales. 4. Misclassification of gains 4 2 1 3