Question $7$

A company sells its products to a customer for $$3,000$ but only collects $$1,000$ at the time

of sale. The customer pays the remaining $$2,000$ three weeks after the sale. What is the

total sales revenue that the company should record on the date of sale?

$$2,000$

$$0$

$$1,000$

$$3,000$

None of the answers is correct.