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Question 9 (1 point) Question 15) FALL Ltd was established on January 1st, 2020. The following are selected transactions that occurred during the first quarters

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Question 9 (1 point) Question 15) FALL Ltd was established on January 1st, 2020. The following are selected transactions that occurred during the first quarters of 2020 (the company fiscal year-end is December 31). January 26: FALL sold goods on account to TOUT Ltd: 580,000. February 26: FALL Received payment from TOUT: $50,000. March 3: CRIS Ltd visited FALL to discuss the availability of a product and promised to place an order for the product two weeks later for $25,000. March 30: FALL purchased a delivery truck from COSS Ltd for cash: 595,000. In the books of COSS, the journal entry to record the transaction on March 30 would include: a. a credit to revenue for $95.000. b. a debit to inventory for $95,000. O c. a credit to cash for $95.000. d. a debit to property, plant and equipment for $95,000. e. a debit to accounts receivable for $95,000

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