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X Company prepares monthly financial statements. On September 6, its accountant made an entry that resulted in a $66,000 increase in Cash and a $66,000

X Company prepares monthly financial statements. On September 6, its accountant made an entry that resulted in a $66,000 increase in Cash and a $66,000 decrease in Accounts Receivable. Which of the following transactions is consistent with this entry? X Company 1.)received $66,000 from a customer who had previously bought merchandise on account. 2.)received $66,000 from a new investor. 3.)borrowed $66,000 from a bank and signed a note. 4.) paid $66,000 to a supplier from whom the firm had previously bought merchandise on account. 5.)sold merchandise to customers on account for $66,000. 6.)received $66,000 from a customer who bought merchandise with cash.

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