Respuesta :
650.
Whenever we credit or debit a transaction, it is ALWAYS in equal amounts. It does not matter whether the revenue is not yet received, as accounting is governed by the accrual concept.
Whenever we credit or debit a transaction, it is ALWAYS in equal amounts. It does not matter whether the revenue is not yet received, as accounting is governed by the accrual concept.
Answer:
The answer is B $650
Explanation:
You ALWAYS record any revenue, in order to make the balance sheet valid. You record revenues before payment and are given cash. Its still considered an asset.