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Question 1 Adelaide Company sold products for $10,000 to a customer on April 1, 2020...

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Question 1 Adelaide Company sold products for $10,000 to a customer on April 1, 2020 The customer will pay on July 10, 2020. James Faulkner is preparing the accounting books of the company for the period ended June 30, 2020. He wants to record a revenue in for the above-mentioned transaction. The manager wants the sale recorded in July 2020 when the customer pays the cash . Should James follow the managers instruction ? List your reasons for your choice and any Journal entries

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