Question
Brandi Inc. sells $12,000 of finished goods for $50,000. Which of the accounts is NOT affected by this transaction? O Credit to Sales Revenue
Brandi Inc. sells $12,000 of finished goods for $50,000. Which of the accounts is NOT affected by this transaction? O Credit to Sales Revenue $50,000 Debit to A/R $50,000 O Debit to Cost of Goods Sold $12,000 O Credit to Finished Goods Inventory $12,000 O Credit to Work in Process Inventory $12,000
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
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