Question: Fest 1 Chapters 1 and 2 Seved Save & E Submit 3 Bledsoe Company received $17.000 cash from the issue of stock on January 1,

 Fest 1 Chapters 1 and 2 Seved Save & E Submit

Fest 1 Chapters 1 and 2 Seved Save & E Submit 3 Bledsoe Company received $17.000 cash from the issue of stock on January 1, Year 1. During Year 1 Bledsoe earned $9,500 of revenue on account. The company collected $6,000 cash from accounts receivable and paid $5,400 cash for operating expenses. Based on this information alone, during Year 1, which of the following statements is true? Multiple Choice Total increased by $20,100 Total trosed by 526,100. o Total to not change

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