10. TRR Enterprises sold products to customers on 30 June 2006 for a total price of 10,000. The terms of the sale are that payment is due in 30 days. The cost of the products was 8,000. The most likely net change in TRR's total assets on 30 June 2006 related to this transaction is: A. 0. B. 2,000. C. 10,000. 11. On 30 April 2006, Pinto Products received a cash payment of $30,000 as a deposit on production of a custom machine to be delivered in August 2006. This transaction would most likely result in which of the following on 30 April 2006? A. No effect on liabilities. B. A decrease in assets of $30,000. C. An increase in liabilities of $30,000. 12. Squires \& Johnson, Ltd., recorded 250,000 of depreciation expense in December 2005 . The most likely effect on the company's accounting equation is: A. no effect on assets. B. a decrease in assets of 250,000. C. an increase in liabilities of 250,000