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READ THE FOLLOWING TRANSACTION CAREFULLY AND ANSWER THE QUESTIONS. ON DECEMBER 31, 2021, COMPANY ABC MADE A SALES CONTRACT WITH A REGULAR CUSTOMER COMPANY XYZ
READ THE FOLLOWING TRANSACTION CAREFULLY AND ANSWER THE QUESTIONS. "ON DECEMBER 31, 2021, COMPANY ABC MADE A SALES CONTRACT WITH A REGULAR CUSTOMER COMPANY XYZ FOR 1,000 T-SHIRTS AT 1.00KWD EACH. THE COST OF EACH T-SHIRT TO COMPANY ABC IS 250 FILS. COMPANY ABC DELIVERED 400 T-SHIRTS TO COMPANY XYZ ON THE SAME DAY, AND PROMISED TO DELIVER THE REST NEXT WEEK. COMPANY XYZ PAID ONLY 600 KWD OF THE TOTAL CONTRACT AMOUNT ON THE SAME D AND PROMISED TO PAY THE REMAINING TWO MONTHS LATER. " READ THE FOLLOWING TRANSACTION CAREFULLY AND ANSWER THE QUESTIONS. "ON DECEMBER 31, 2021, COMPANY ABC MADE A SALES CONTRACT WITH A REGULAR CUSTOMER COMPANY XYZ FOR 1,000 T-SHIRTS AT 1.00KWD EACH. THE COST OF EACH T-SHIRT TO COMPANY ABC IS 250 FILS. COMPANY ABC DELIVERED 400 T-SHIRTS TO COMPANY XYZ ON THE SAME DAY, AND PROMISED TO DELIVER THE REST NEXT WEEK. COMPANY XYZ PAID ONLY 600 KWD OF THE TOTAL CONTRACT AMOUNT ON THE SAME D AND PROMISED TO PAY THE REMAINING TWO MONTHS LATER
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