Bledsoe Company acquired 33 000 cash by Issuing common stock

Last updated: 4/24/2023

Bledsoe Company acquired 33 000 cash by Issuing common stock on January 1 Year 1 During Year 1 Bledsoe earned 10 300 of revenue on account The company collected 9 600 cash from customers in partial settlement of its accounts receivable and paid 7 200 cash for operating expenses Based on this Information alone what was the Impact total assets during Year 1 Multiple Choice O O O Total assets Increased by 2 400 Total assets did not change Total assets Increased by 45 700 Total assets Increased by 36 100