A Company Sells Inventory on Credit for $10 000 Which

Multiple Choice

A company sells inventory on credit for $10 000 which originally cost $4000. Which of the following would not be a result of recording this transaction in the worksheet?

A) An increase in total assets and revenue
B) An increase in total assets, revenue and expenses
C) An increase in revenue and expenses, but no effect on total assets
D) An increase in profit