Zee Corporation sold $50,000 worth of goods for $100,000. A Journal Entry to record this transaction would include:

A Journal Entry to record this transaction would include:

Select one:

a. Debit Finished Goods Inventory for $50,000

b. Credit Cost of Goods Sold for $100,000

c. Debit Cost of Goods Sold for $50,000

d. Credit Finished Goods Inventory for $100,000