What is the effect of the following business activity on the element indicated? Sold product to a
Fantastic news! We've Found the answer you've been seeking!
Question:
What is the effect of the following business activity on the element indicated?
Sold product to a customer for $900 cash. The cost of the inventory was $500. --- Expenses
Question 1 options:
1)
increase
2)
no effect
3)
increase to one and decrease to another
4)
decrease
Posted Date: