Question
Which of the following transactions does not affect total assets, total liabilities, or total stockholders equity on the balance sheet? 1. Collecting $4,000 from customers
Which of the following transactions does not affect total assets, total liabilities, or total stockholders equity on the balance sheet?
1. Collecting $4,000 from customers on account 2 Purchasing $500 supplies on account 3. Payment of an $800 dividend 4. Paying a $3,000 note payable
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Managerial Accounting
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
5th Edition
1264467206, 978-1264467204
