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51. ABC Inc. sold a DVD player to a client on June 30 th , Year 2 for $150. The DVD player, which came with
51.
ABC Inc. sold a DVD player to a client on June 30
th
, Year 2 for $150. The DVD player, which came with
a 2-year warranty, was thought to be worth $100 if sold without the warranty.
As a result of this sale, how much sales/revenue would ABC Inc. take into income on its December 31
st
,
Year 2 income statement?
A. $100.00
B. $112.50.
C. $125.00
D. $150.00
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