TasksA company sold inventory costing $20,000. ?The customer paid cash of $30,000.How does this transaction...

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Accounting

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A company sold inventory costing $20,000. ?The customer paid cash of $30,000.
How does this transaction affect the selling company's accounting equation?
? ?Assets increase by $50,000; owners' equity increases by $50,000.
? ?Assets increase by $30,000; owners equity increases by 550,000 .
Assets increase by
$10,000 ?:
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