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which letter answer? Wilson Company earned $2,000 of cash sales. Sales tax is 10%. Which of the following shows how this event would affect the
which letter answer? Wilson Company earned $2,000 of cash sales. Sales tax is 10%. Which of the following shows how this event would affect the company's financial statements (ignore the effects of cost of goods sold)? Income Statement A. B. C. D. Assets 2,200 2,000 2,200 2,200 Balance Sheet Stockholders' - Liabilities + Equity Revenue 200 2,000 2,000 200 1,800 1,800 200 2,000 2,000 200 2,000 2,200 Expense n/a n/a n/a 1,250 Net Income 2,000 1,800 2,000 2,200 Statement of Cash Flows 2,200 OA 1,800 OA n/a 2,200 OA
which letter answer?
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