The WeBuild Construction Company sold $16.5 million of buildings in its first year of operations.The company received payments of $11.25 million for these buildings.The company's income statement would report:
A) Accounts Receivable of $5.25 million.
B) Expenses of $5.25 million.
C) Sales Revenue of $11.25 million.
D) Sales Revenue of $16.5 million.
Correct Answer:
Verified
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