Question: X Co . sells $ 2 5 , 0 0 0 of widgets to Y Co . on account. Which of the following is the

X Co. sells $25,000 of widgets to Y Co. on account. Which of the following is the appropriate entry for this transaction on Y Co.'s books?Select the single best answer: A. debit Sales $25,000; credit Accounts Payable $25,000 B. debit Inventory $25,000; credit Cash $25,000 C. debit Cost of Goods Sold $25,000; credit Accounts Payable $25,000 D. debit Inventory $25,000; credit Accounts Payable $25,000 E. debit Sales $25,000; credit Cost of Goods Sold $25,000

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