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Specific Identification
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Problem 10
Specific Identification
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5. Inventory / Specific Identification / Problem 6
Problem 6
What is the revenue entry for the sale of a painting for \$50,000?
A
Debit Revenue \$50,000
B
Debit Cash \$50,000
C
Credit Accounts Receivable \$50,000
D
Credit Revenue \$50,000
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