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Aleksandr-060686 [28]
4 years ago
14

Determine the effect on the balance sheet after the following transaction.

Mathematics
2 answers:
Anarel [89]4 years ago
7 0
I am going to say that option 1 should be correct cash increases by $750. Hope this helps. (ノ◕ヮ◕)ノ*:・゚✧
Kitty [74]4 years ago
6 0
Well, just take a look at your numbers - you bought something for 750 dollars, and then decided to sell it. You sold that particular item for 1500 dollars, which means that you sold it for a higher price than you bought it. To see how much you gained, just subtract those numbers:
1500 - 750 = 750
So, the correct answer is cash increases by $750.
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Answer:

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Step-by-step explanation:

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Undefined

Step-by-step explanation:

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What is the answer to this question please explain (picture included)
Yakvenalex [24]
Easy peasy
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