Black Systems Sold and Delivered Modems to White Computers for $330,000

Multiple Choice

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) A debit to Sales Revenue for $330,000.
B) A debit to Accounts Receivable for $330,000.
C) A debit to Accounts Receivable for $110,000.
D) A debit to Cash Paid for $330,000.