The following entry was recorded in the books of Brighty Company.Oct. 31 Accounts Receivable-Digitec
12,000
Sales
12,000
Invoice No. 7112.​
What is the impact of this entry on the accounting equation?

A) an increase in Assets and an increase in Equity
B) an increase in Assets and an increase in Liabilities
C) a decrease in Assets and a decrease in Liabilities
D) a decrease in Assets and a decrease in Equity

Accounting Equation

The core formula of double-entry accounting: Assets equal Liabilities plus Equity, which shows the link between a firm's assets and the stakes held in those assets.

Accounts Receivable-Digitec

The money owed to Digitec by its customers for goods or services that have been delivered or used but not yet paid for.

Invoice No.

A unique identifier for an invoice document that facilitates tracking of sales and payments.