Green Systems sold and delivered modems to Blue Computers for $660,000 to be paid by Blue in three equal installments over the next three months
The journal entry made by Blue Computers to record the last of the three installment payments will include:
A. A debit of $220,000 to Modem Expense.
B. A debit of $220,000 to Accounts Receivable.
C. A debit of $220,000 to Cash.
D. A debit of $220,000 to Accounts Payable.
D
Business
You might also like to view...
According to Fiedler's contingency leadership model, a situation in which a leader's decisions produce predictable results because he or she can influence work outcomes is characterized as a ___________ control situation
a. restircted b. moderate c. low d. high
Business
How has cable television affected American life?
What will be an ideal response?
Business