Use this information to answer the following question. Alfalfa Company experienced the following events during the period:
The entry to record transaction 1 would include an increase in
A) Credit Card Expense for $80.
B) Sales for $1,520.
C) Cash for $1,600.
D) Accounts Receivable for $1,520.

Question

Use this information to answer the following question. Alfalfa Company experienced the following events during the period:
 The entry to record transaction 1 would include an increase in
A) Credit Card Expense for $80. 
B) Sales for $1,520. 
C) Cash for $1,600. 
D) Accounts Receivable for $1,520.

Quizplus · Accepted Answer

The Answer of Use this information to answer the following question. Alfalfa Company experienced the following events during the period:
 The entry to record transaction 1 would include an increase in
A) Credit Card Expense for $80. 
B) Sales for $1,520. 
C) Cash for $1,600. 
D) Accounts Receivable for $1,520.

Use This Information to Answer the Following Question