Sell inventory costing $40,000 for $65,000 in cash. what is asset and what is liability

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Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

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Posted Date: Mar 06, 2024 08:58 AM

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Sell inventory costing $40,000 for $65,000 in cash. what is asset and what is liability

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In this scenario selling inventory for 65000 in cash affects both assets and liabilities ... View the full answer

Advanced Accounting

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