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question help this is for a quickbooks project question if i were to input the info 4279543


Help This is for a quickbooks project question. If I were to input the info below

Al's Storage is your first customer. They want you to print an advertisement for them. They asked for 15,000 copies. You charge $0.50 per copy and this particular order will require 8 printer ink cartridges which each cost $50. The date of this transaction is January 16, and they do not pay you until May 1. Briefly explain how this particular transaction should affect the financial statements (in other words, will it come through on the Income Statement or the Balance Sheet) then record this transaction in the software. Once you record in the software, open the financial statements and briefly describe whether your expectations of what should happen were what actually happened.

Just need a written out explanation of what would happen


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