Question

In: Accounting

Which of the following transactions does not affect the total assets of Joseph & Co? a....

Which of the following transactions does not affect the total assets of Joseph & Co?

a.

A bill is received for the telephone service used by Joseph & Co. during the past month.

b.

Cash dividends are paid by Joseph & Co.

c.

Customers are billed for sales made on credit by Joseph & Co.

d.

A new computer is purchased on credit by Joseph & Co.

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