A cheque for $900 was received from a customer during December year 5

Offered Price: $ 3.00 Posted on: 02/12/2016 10:13 AM Due on: 03/13/2016
Question # 00193358 Subject Accounting Topic Accounting Tutorials: 1
Question Purchase it

A cheque for $900 was received from a customer during December year 5 for

merchandise to be delivered in year 6. Sales revenue was debited when the cheque was

received and cash was credited. Net income for year 5 would be:

a. Understated

b. Overstated

c. The right amount

Tutorials for this Question
  1. A cheque for $900 was received from a customer during December year 5

    Available for: $ 3.00 Posted on: 02/12/2016 10:13 AM
    Tutorial # 00188206 Puchased By: 0
    Tutorial Preview
    rxvxnxx xxx dxbxtxd xxxx thx chxqxx xxxxxxxxxxx xnd…
    Attachments
    soln.zip (8.13 KB)
Loading...