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Fill in the blank for each category affected by the following transaction If a category is unaffected enter zero (0), if the category is reduced
Fill in the blank for each category affected by the following transaction If a category is unaffected enter zero (0), if the category is reduced enter the number with a minus (-) sign (e.g. -$500) Transaction: XYZ company received $400 from a customer that was previously billed The impact to Cash is: The impact to non-cash assets is The impact to liabilities is: A The impact to Common Stock is The impact to Retained Earnings is: The impact to revenues is The impact to expense is: A A/ The impact to net income is
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