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Question 93

Multiple Choice

Use this information to answer the following question. Alfalfa Company experienced the following events during the period:
Use this information to answer the following question. Alfalfa Company experienced the following events during the period: The entry to record transaction 1 would include an increase in A) Credit Card Expense for $80. B) Sales for $1,520. C) Cash for $1,600. D) Accounts Receivable for $1,520. The entry to record transaction 1 would include an increase in


A) Credit Card Expense for $80.
B) Sales for $1,520.
C) Cash for $1,600.
D) Accounts Receivable for $1,520.

Correct Answer:

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