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what is the answer to this black systems problem??? please..thank u!! Net income for the period equals: Select one 0 a. $ 11,600 O b.

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what is the answer to this black systems problem??? please..thank u!!

Net income for the period equals: Select one 0 a. $ 11,600 O b. $ 22,000 o c. $ 22,500. d. $36,750 Black Systems sold and delivered modems to White Computers for $330,000 to be paid by White in three equal installments over the next three months. The journal entry made by Black Systems to record this transaction will include. Select one: a. A debit to Sales Revenue for $330,000. b. A debit to Accounts Receivable for $330.000 c. A debit to Accounts Receivable for $110,000. d. A debit to Cash for $330,000. An after-closing trial balance consists only of asset, liability, and owners' equity accounts Select one True False

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