Question: increase its habilities QUESTION 12 Record the transaction below. Shareholders' Equity Assets Liabilities Common Stock Retained Earnings Assets Show the atfect of the transaction: Cap
increase its habilities QUESTION 12 Record the transaction below. Shareholders' Equity Assets Liabilities Common Stock Retained Earnings Assets Show the atfect of the transaction: Cap & Trade, Ine, sold 300 baseball caps that cost $6 each to customers for $3,000 cash. IF THERE IS NO EFFECT, SELECT "O NO EFFECT A No effect B. Labilities (1,800) Cont of Goods Sold Retained Earnings C-3,000 Sales Revenues (1,800) Cont of Goods Sold D. (1,800) Inventory E. 3,000 Cash 3,000 Sales Revenue G. 3,000 Cash: (1,800) Inventory
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