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Which a profitable sale of merchandise on account would

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Reference no: EM132934231

Problem 1: In the seller's records, a profitable sale of merchandise on account would:

Group of answer choices

A. Increase assets and decrease expense.

B. Increase assets and decrease liabilities.

C. Have no effect on neither side of the accounting equation.

D. Increase assets and increase expenses.

Reference no: EM132934231

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