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during the first year of business, Mega, Inc earned revenues of $400,000, of which it collected only $310,00 in cash . which of the follwing
during the first year of business, Mega, Inc earned revenues of $400,000, of which it collected only $310,00 in cash \. which of the follwing statetements is correct? A. THe balance sheet will show Accounts eeivables of $310,000 B. The income statement will show cash collected from customers of $310,000 C. The income statement will show revenues of $400,000 D, The income statement will show revenue of $310,000
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