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Edwards Shoe Store sold shoes that cost the company $5,700 for $8,200. Which of the following shows how the recognition of the cost of

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Edwards Shoe Store sold shoes that cost the company $5,700 for $8,200. Which of the following shows how the recognition of the cost of goods sold will affect the Company's financial statement? (Ignore the effects of the associated revenue recognition.) Balance Sheet Income Statement Statement of Assets Liab. + Equity Rev. Exp. Net Inc. Cash Flows A. NA + NA 4 -0A B. NA + NA NA NA NA C. D. + NA + + + NA + + OA => NA + NA + NA

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