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Sabic Industries sold inventory costing AED1400 on cash in February 2019. It was able to sell these products for AED2000. What effect will the sale

  1. Sabic Industries sold inventory costing AED1400 on cash in February 2019. It was able to sell these products for AED2000. What effect will the sale transaction have on the asset, liability and owners' equity side of the balance sheet?

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