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On June 1. Nodus Book Company sold Caroline's Bookstore $8.600 of books for cash. During the month, Caroline's Bookstore returned books costing $1,000 to Nodus

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On June 1. Nodus Book Company sold Caroline's Bookstore $8.600 of books for cash. During the month, Caroline's Bookstore returned books costing $1,000 to Nodus for a cash refund. In the same month Caroline's sold the remaining books to their customers for a total of $10.200 As a result of these transactions, at the end of the month Caroline's accounting equation will show a net Select one A. Increase of Equity of $2.600 B. Decrease of Assets of $7.600 C. Increase of Equity of $3.600 D. Increase of Assets of $10.200

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