The following effects have occurred from a transaction: assets: fall liabilities: fall capital: rise The business does not have a bank overdraft. Which transaction took place?
- AA payment was made to a credit supplier after taking a cash discount.
- BA payment was received from a credit customer after allowing a cash discount.
- CGoods were sold to a credit customer for less than their cost price.
- DGoods were sold to a credit customer for more than their cost price.