2023 Green Systems sold and delivered modems to Blue Computers for 660 000 to be paid by Blue in three | Assignments Online

2023 Green Systems sold and delivered modems to Blue Computers for 660 000 to be paid by Blue in three | Assignments Online

Assignments Online 2023 Business Finance

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 ExpenseB) A debit of $220,000 to Accounts Receivable.C) A debit of $220,000 to Accounts Payable.D) A debit of $220,000 to Cash.

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