Multiple Choice
Which of the following transactions does not affect the total assets of Horizon Sailing Corp.?
A) A bill is received for the telephone service used by Horizon Sailing during the past month.
B) Dividends are paid by Horizon Sailing.
C) Customers are billed for sales made on credit by Horizon Sailing.
D) A new computer is purchased on credit by Horizon Sailing.
Correct Answer:
Verified
Correct Answer:
Verified
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