Adams,Inc.recorded the following journal entry on March 2,2018.
From the journal entry above,identify the transaction on March 2,2018.
A) Adams purchased goods worth $9,000 and signed a one-year note for the same amount.
B) Adams sold goods for $9,000 cash.
C) Adams received $9,000 for services to be performed in a later period.
D) Adams paid $9,000 for services to be received at a later date.
Correct Answer:
Verified
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