what-is-the-revenue-entry-for-the-sale-of-yacht-b-for-800000

Question

What is the revenue entry for the sale of yacht B for $800,000?

Accepted Answer

Credit Revenue $800,000

Answer

Debit Cash $800,000

Answer

Credit Accounts Receivable $800,000

Answer

Debit Revenue $800,000

What is the revenue entry for the sale of yacht B for \$800,000?