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Save Answe Question 16 2 points On November 1, 2021, Green Valley Farm entered into a contract to buy a $150,000 harvester from John Deere.
Save Answe Question 16 2 points 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 to record the contract on November 1, 2021 includes a credit to Unearned Sales Revenue for $150,000 credit to Accounts Receivable for $150,000. credit to Sales Revenue for $150,000 debit to Unoamed Sales Revenue for $150,000
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