Which of the Following Transactions Does Not Affect the Total

question 63

Multiple Choice

Which of the following transactions does not affect the total assets of Vertican 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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