The _____ Would Result in an Increase in Income Under

Multiple Choice

The _____ would result in an increase in income under the cash basis but not an increase in income under the accrual basis.

A) credit sale of inventory at a sales price in excess of the inventory's cost
B) cash collection from a credit customer
C) cash sale of inventory at a sales price in excess of the inventory's cost
D) return of defective inventory purchased on account to a supplier where a full credit was given