What is the effect on the balance sheet of making cash sales of inventory to customers on
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What is the effect on the balance sheet of making cash sales of inventory to customers on profit?
Assets and equity increase.
Assets and equity decrease.
Assets decrease and equity increases.
Related Book For
Cornerstones of Financial and Managerial Accounting
ISBN: 978-0324787351
1st Edition
Authors: Rich Jones, Mowen, Hansen, Heitger
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