Question
During the month of January, Cyber House Company invoiced customers $29,000 for goods delivered in January and collected $22,000 from customers. Included in the $22,000
During the month of January, Cyber House Company invoiced customers $29,000 for goods delivered in January and collected $22,000 from customers. Included in the $22,000 was $2,000 which was an advance for a sales order which would be filled in June. Cyber House Company should report revenue for January of:
$29,000
None of the other alternatives are correct
$2,000
$7,000
$22,000
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Management Science The Art Of Modeling With Spreadsheets
Authors: Stephen G. Powell, Kenneth R. Baker
4th Edition
978-1118517376, 9781118800348, 1118517377, 1118800346, 978-1118582695
