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Question 8 Finis Not yet answered On November 1, 2015, XYZ Farm entered into a contract to buy a $75,000 harvester from ICP Company. The

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Question 8 Finis Not yet answered On November 1, 2015, XYZ Farm entered into a contract to buy a $75,000 harvester from ICP Company. The contract required XYZ Farm to pay $75,000 in advance on November 1, 2015. The harvester (cost of $55,000) was delivered on November 30, 2015. The journal entry for CP Company to record the delivery of the equipment includes a Marked out of 1.00 Flag question Select one: a debit to Inventory for $55,000 O b. debit to Uneamed Sales Revenue for $75,000 .. credit to Cost of Goods Sold for $55.000. d. credit to Unearned Sales Revenue for $75,000

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