A Japanese car manufacturer (JCM) reported Sales of Products of ¥22,670 billion for the year ended March 31, Year 7. The Cost of Products Sold was ¥18,356 billion. Assume that JCM made all sales on credit. By March 31, Year 7, JCM had collected cash for all the sales made on account during the fiscal year ended March 31, Year 7. Provide the journal entries that JCM made during the fiscal year ended March 31, Year 7, related to these transactions. JCM applies U.S. GAAP, and reports its results in billions of yen (¥).