asked 190k views
4 votes
Black systems sold and delivered modems to white computers for $330,000 to be paid by white in three equal installments over the next three months. the journal entry made by black systems to record this transaction will include: a debit to sales revenue for $330,000. a debit to accounts receivable for $330,000. a debit to accounts receivable for $110,000. a debit to cash for $330,000.

1 Answer

2 votes
Why are they giving $110,000 more?
answered
User Bianchi
by
8.4k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.