6.Goods which originally cost RM800 were sold for RM1,000. In the accounting equation. Owner equity will .

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6.Goods which originally cost RM800 were sold for RM1,000. In the accounting equation. Owner equity will .

A.
fall by RM200

B.
fall by RM1,000

C.
rise by RM1,000

D.
rise by RM200

Related Book For answer-question

Financial Accounting

ISBN: 978-0133427530

10th edition

Authors: Walter Harrison, Charles Horngren, William Thomas

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Posted Date: Nov 05, 2020 02:08 AM

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6.Goods which originally cost RM800 were sold for RM1,000. In the accounting equation. Owner equity will .

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Expert Answer:

Answer D Rise by RM200 Explanation The owners equity will increase if you have r... View the full answer

Financial Accounting

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