Answered: What accounts are affected when goods…

What accounts are affected when goods are sold on credit? (Check all that apply) Accounts Receivable Cash Revenue Owner's Withdrawals

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter6: Cash And Receivables

Section: Chapter Questions

Problem 9GI

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Question

What accounts are affected when goods are sold on credit? (Check all that apply)

	Accounts Receivable
	Cash
	Revenue
	Owner's Withdrawals

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