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.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “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 ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which of the following concepts recognizes that managers must use their judgment to ensure that the cost of control does not exceed the system's benefits or the risks involved?
Answers (1)
Choose the correct statement. A. "The competitive market for healthcare is fair because those who are willing and able to pay receive more than enough medication attention." B.
Answers (1)
Whispering Corporation factors $276,900 of accounts receivable with Kathleen Battle Financing, Inc. on a with recourse basis. Kathleen Battle Financing will collect the receivables.
Answers (1)
1. What determines the degree of specialization within an organization? 2. What three steps are involved in delegation? 3. How does a firm's top management influence its degree of centralization? 4.
Answers (1)
Westland and Oceania have just started to trade with each other. Westland exports goods produced with skilled labor and imports goods made with unskilled labor from Oceania.
Answers (1)
New Questions in Business
Which of the following could be an ideal randomized controlled experiment to study the desired causal effect? A. Allow all students an extra day to study for the microeconomics exam.
Answers (1)
Does A Zebra Think Its Black On White or White On Black?
Answers (1)
Effective vision statements include a. financial objectives and projected figures. b. all strategic directions of the organization. c. strategic posturing and future objectives. d. a brief statement of the company's direction.
Answers (1)
True or false: people in business get ahead by meeting the needs of their consumers. as a result, both businesses and customers benefit from voluntary exchange.
Answers (1)
Jim and kathy have a contract with a term that is not clear. kathy and jim both have a different interpretation of the contract. if kathy wrote the contract, a court will
Answers (1)