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Marvin Inc. sells products to customers for $250 that originally cost $150. The total impact on the expanded accounting equation of this transactions is: Increase
Marvin Inc. sells products to customers for $250 that originally cost $150. The total impact on the expanded accounting equation of this transactions is: Increase in current liabilities for $100. Increase in current assets for $100. Increase in retained earnings for $250 Decrease in retained earnings for $150
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