Today, a Company Sold $1,000 of Goods on Credit A)Option a
B)Option B
C)Option C
D)Option D

Multiple Choice

Today, a company sold $1,000 of goods on credit.The customer took the goods with him, but will only pay in 30 days.When would the sale be reflected under the cash basis of accounting and the accrual basis of accounting? $\begin{array}{ll}&\text { Cash Basis }&\text { Accrual Basis }\\A.&\text { today } & \text { today } \\B.&\text { today } & \text { at collection } \\C.&\text { at collection } & \text { today } \\D.&\text { at collection } & \text { at collection }\end{array}$

A) Option A
B) Option B
C) Option C
D) Option D