Figure 35-1 ​

question 211

Multiple Choice

Figure 35-1 ​
​
​
​
​
-Refer to Figure 35-1. Assuming the price level in the previous year was 100, point F on the right-hand graph corresponds to

• A)point A on the left-hand graph.
• B)point B on the left-hand graph.
• C)point C on the left-hand graph.
• D)point D on the left-hand graph.

---

Definitions:

Sales

The total amount of revenue generated by the selling of goods or services.

Sales Invoice

A document issued by a seller to a buyer that lists products or services provided and states the sum due for these.

Credit

An accounting entry that increases liabilities or equity or decreases an asset or expense.