X Company prepares monthly financial statements. On September 6, its accountant made an entry that resulted in a $63,000 increase in Cash and a $63,000 decrease in Accounts Receivable. Which of the following transactions is consistent with this entry? X Company

A) paid $63,000 to a supplier from whom the firm had previously bought merchandise on account.

B) received $63,000 from a customer who bought merchandise with cash.

C) received $63,000 from a new investor.

D) received $63,000 from a customer who had previously bought merchandise on account.

E) sold merchandise to customers on account for $63,000.

F) borrowed $63,000 from a bank and signed a note.

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