The following entry appears in Martin Supply's general journal on March 10, 2010:
-Refer to the above data. This transaction involves:
A) Martin's collection of $35,000 on an account receivable.
B) Payment of $21,000 cash by Martin
C) A $21,000 overall increase in Martin's assets.
D) Sale of equipment by Martin for $51,000.
Correct Answer:
Verified
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