QUESTION 12 Nick's Landscaping Services incurred $500 as a repair expense and promised to pay the repair company within 30 days. Which of the following accounts will increase as a result of this transaction? Cash Accounts Payable Accounts Receivable Nick, Capital

A company that uses the perpetual inventory system sold goods to a customer for cash for $4600. The cost of the goods $0ld was $1000. Which of the following iournal entries correctlu rernoris thic transaction