Sunland completed painting the interior of the Sands Hotel at a cost of...

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Accounting

image Sunland completed painting the interior of the Sands Hotel at a cost of $4800 and invoiced the hotel $6650 on June 5. Which one of the following is one effect of recording this event in Sunland' tabular analysis on June 5 using a perpetual inventory system? Increase to Cash for $6650 Decrease to Inventory for $1850 Increase to Cost of Goods Sold for $4800 Decrease to Accounts Receivable for $6650 Last saved 1 second ago. Attempts: 0 of 1 used Saved work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes

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