A company makes a sale to a customer in August and the customer agrees to pay in September. Which is true for the company in August? a. Both revenue and assets will increase. b. Revenue will increase, but assets will not C. Neither revenue nor assets will increase d. Assets will increase, but revenue will not. Question 3 ABC Corporation reported the following information on its August balance sheet: Total Assets 722) Total Liabilities $4,500 Common Stock $7,000 Retained Earnings ($1.500) What is the August balance of Total Assets