Business, 20.09.2020 14:01 izzyisawesome5232

"Assume a company has a $350 credit (not cash) sale". How would the transaction appear if the business uses accrual accounting? A. The transaction would not be reported because the cash was not exchanged. B. 350 would show up on the balance sheet as a sale. C. $350 would show up on the income statement as a sale. D. $350 would show up on the statement of cash flows as a cash outflow.

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