How does the following Journal entry affect a company s

Last updated: 2/20/2023

How does the following Journal entry affect a company s Transportation out Cash Account Title Multiple Choice O O Debit 400 Credit 400 An Increase in operating expenses shown on the Income statement A decrease in gross margin shown on the Income statement An Increase In Inventory shown on the balance sheet An Increase in the amount of cost of goods sold shown on the Income statemer