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x co provides services at a value of 100,000 on March 1 for y co . following ststements presents the correct entries for x co

x co provides services at a value of 100,000 on March 1 for y co . following ststements presents the correct entries for x co fir the sale and y co for the payment
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X Co. provides services at a value of $100,000 on March 1 for Y Co. Y against that invoice on April 1 of the same year. Which of the following entries for XC0. for the sale and YC0. for the payment? Select the single best answer: A X Co debits Accounts Receivable $100,000 and credits Sales $100,000. Y credits Cash \$50,000. B. X Co. debits Accounts Payable 5100,000 and credits Cash $100,000, Y Co credits Sales 550.000. C. X Co. debits Sales $100,000 and credits Accounts Receivable $100,000. Y credits Accounts Receivable $50,000. D. XCo. debits Cash $100,000 and credits Sales $100,000. Y Co debits Acc Cash 550,000 . E. X Co. debits Accounts Payable $100,000 and credits Owner's Equity $100 $50,000 and credits Cash $100,000. x Co provides services at a value of 5100.000 on Mar against that inverse on Acri 1 of the same year. Which Select the sirigle the aitiver: Evedile :iales totit tititi Caah $St (it)

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