The WeBulld Construction Company sold $16.5 million of bulidings in its first year of operations....
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The WeBulld Construction Company sold $16.5 million of bulidings in its first year of operations. The company recelved payments of $11.25 million for these bulldings. The company's income statement would report: Multiple Choice Accounts Recelvable of $5.25 million. Expenses of $5.25 million. Sales Revenue of $11.25 million. Sales Revenue of $16.5 million
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