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TB MC Qu. 04-07 Foote Company wes granted a purchase... Foote Company wes granted a purchase discount of $200 on merchandne the company had purchased

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TB MC Qu. 04-07 Foote Company wes granted a purchase... Foote Company wes granted a purchase discount of $200 on merchandne the company had purchased a few deys ago Foote uses the perpetual invertory system Which of the following efects the effects of this event on the feencial stements Stk. Stat of Asset Linh. Rev. Met Ine. Euity Cash Flows A. NA (200) 200 200 NA NA 200 OA EA cao0) 200 200 200 NA C. (200) (200) NA SIA (2001 OA D. (200) (200) SA SA NA SA Mutple Cholce Opton 8 Opton D Opten A

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