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6. Assume that r@ktas Inc., sold inventory on account for $2,000. How would this transaction affect r@ktas' accounting equation? a. Increase both assets and liabilities
6. Assume that r@ktas Inc., sold inventory on account for $2,000. How would this transaction affect r@ktas' accounting equation? a. Increase both assets and liabilities by $2,000. b. Increase both assets and shareholders' equity by $2,000. c. Increase both liabilities and shareholders' equity by $ 2,000. d. Increase shareholders' equity $ 72,000
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