This month a company recorded sales revenue of 50000 from

Reference no: EM13587469

This month, a company recorded sales revenue of $50,000 from sales of goods to customers who agreed to pay later. Next month, the company received payment from customers of $45,000. Choose the TRUE statement.

		Revenue for this month is $45,000.
		Accounts receivable at the end of next month is $5,000.
		Accounts Payable at the end of this month is $5,000.
		Revenue for next month will be $45,000.

Reference no: EM13587469

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