1. Glomstulen AS sells goods on credit for NOK. 2,325 including VAT. Which alternative (s) indicate the correct effect on the balance equation? a) Inventories are reduced by 1,860, banks increase by 2,325 and VAT increases by 465 b) Accounts receivable increase by 2,325, equity increases by 1,743.25 and VAT increases by 581.25 c) Inventories are reduced by 1,743.25, accounts receivable increase by 2,325 and VAT increases by 581.25 d) Accounts receivable increase by 2,325, equity increases by 1,860 and VAT increases by 465 e) Inventories are reduced by 1,860, overdrafts increase by 2,325 and VAT increases by 465 f) Inventories are reduced by 1,743.25, overdrafts increase by 2,325 while VAT is reduced by 581.25 g) Accounts receivable are reduced by 2,325, overdrafts increase by 1,860 and VAT increases by 465 h) Accounts receivable increase by 1,860, equity increases by 2,325 and VAT is reduced by 4,654. 1. Glomstulen AS sells goods on credit for NOK. 2,325 including VAT. Which alternative (s) indicate the correct effect on the balance equation? a) Inventories are reduced by 1,860, banks increase by 2,325 and VAT increases by 465 b) Accounts receivable increase by 2,325, equity increases by 1,743.25 and VAT increases by 581.25 c) Inventories are reduced by 1,743.25, accounts receivable increase by 2,325 and VAT increases by 581.25 d) Accounts receivable increase by 2,325, equity increases by 1,860 and VAT increases by 465 e) Inventories are reduced by 1,860, overdrafts increase by 2,325 and VAT increases by 465 f) Inventories are reduced by 1,743.25, overdrafts increase by 2,325 while VAT is reduced by 581.25 g) Accounts receivable are reduced by 2,325, overdrafts increase by 1,860 and VAT increases by 465 h) Accounts receivable increase by 1,860, equity increases by 2,325 and VAT is reduced by 4,654