Assume a company has a $350 credit (not cash) sale. How would the transaction appear if thebusiness uses accrual accounting?A. $350 would show up on the balance sheet as a sale.B. $350 would show up on the income statement as a sale.C. $350 would show up on the statement of cash flows as a cash outflow.D. The transaction would not be reported because the cash was not exchanged.

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