
Do you need help with
During January, Bradbury Co. made $46,000 in total sales. All of the sales were for cash, except one sale to Lima for $1,500, which was on account. When Lima pays Bradbury in February, which of the following will be true?A) Both Bradbury's total revenue and cash will increase by $1,500 in February.B) There will be no change to either Bradbury's total assets or net income for February.C) Bradbury's total assets will increase by $1,500 when the cash is received, but no other accounts will be changed.D) Bradbury's net income will increase by $1,500, but no other accounts will be impacted.
Then try StudyFetch, the AI-powered platform that can answer your questions and teach you more about it!


How StudyFetch Helps You Master This Topic
AI-Powered Explanations
Get in-depth, personalized explanations on this topic and related concepts, tailored to your learning style.
Practice Tests
Take adaptive quizzes that focus on your weak areas and help reinforce your understanding of the subject.
Interactive Flashcards
Review key concepts and terms with AI-generated flashcards, optimizing your retention and recall.
Educational Games
Engage with fun, interactive games that reinforce your learning and make studying more enjoyable.
Start mastering this topic and many others with StudyFetch's comprehensive learning tools.