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A company sends an invoice to a customer for 1000, with a credit period of 30 days.which alternative is correct ? 1- current assets both
A company sends an invoice to a customer for 1000, with a credit period of 30 days.which alternative is correct ?
1- current assets both increase and decrease by 1000, leaving no net change.
2- current assets increase by 1000, and equity increases by 1000.
3-current assets increase by 1000, and current liabilities increase by 1000
4- current assets increase by 1000 and equity is reduced by 1000
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