Which of the Following Properly Describes the Impact on the Financial

question 12

Multiple Choice

Which of the following properly describes the impact on the financial statements when a company incurs operating expenses of $9,000,of which $3,000 remains unpaid?

• A)Net income decreased $9,000.
• B)Cash increased $6,000.
• C)Net income decreased $3,000.
• D)Cash decreased $9,000.