Multiple Choice
Squidly Products sold and delivered modems to Detail Solutions for $6,600 to be paid by Detail Solutions in three equal installments over the next three months.The journal entry made by Squidly to record this transaction will include:
A) A credit to Cash for $6,600.
B) A debit to Accounts Receivable for $6,600.
C) A debit to Accounts Receivable for $2,200.
D) A debit to Sales Revenue for $6,600.
Correct Answer:
Verified
Correct Answer:
Verified
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