Question: On November 1 , 2 0 1 8 , Green Valley Farm entered into a contract to buy a 1 5 0 , 0 0

On November 1,2018, 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 1,2018. The harvester (cost of 110,000) was delivered on November 30,2018. The journal entry to record the delivery of the equipment includes a debit to Unearned Sales Revenue for
On November 1,2018, Green Valley Farm entered into a contract to

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