SmaGlo, Inc. a telecommunications operator. entered into a contract with Kim Dorothy on March 1, 20x7. In line with the contract, Kim Dorothy subscribes for SmaGlo's rhonthly plan for 12 months and in...

SmaGlo, Inc. a telecommunications operator. entered into a contract with Kim Dorothy on March 1, 20x7. In line with the contract, Kim Dorothy subscribes for SmaGlo's rhonthly plan for 12 months and in retum Kim Dorothy receives a free Apple I-Phone handset from SmaGio, Km Dorothy will pay a monthly fee of P1.200. Kim Dorothy gets the handset immediately after contract signature.

On March 1, 20x7, the amount of accounts receivable to be recorded:

answer is None. Provide the solution