Which of the Following Transactions Does Not Affect the Total

question 1

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.

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