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Fragrant Company uses the perpetual inventory method. Fragrant sold goods that cost $6,600 for $8,700....

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Question

Accounting

Fragrant Company uses the perpetual inventory method. Fragrant sold goods that cost $6,600 for $8,700. If the sale was made on account, the sale will:
Question 16 options:
a)
increase total assets by $8,700.
b)
increase total equity by $6,600.
c)
increase total assets by $2,100.
d)
increase total liabilities by $4,600.

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