Abusiness renders services to a client and issues a sales invoice. the amount will be collected from the customer at a later time. which of the following is true at the time the invoice is issued?
a) net income will increase
b) total liabilities will increase
c) total assets will decrease
d) equity will decrease

a) net income will increase

Explanation:

According to my research on different financial processes, I can say that based on the information provided within the question in this situation net income will increase. This is because at the time the sales invoice is issued, the client has not paid. Therefore once he pays in the future the business will receive that money and in term cause the net income to increase. Net income is what remains of a company's revenue after subtracting all costs, in other words the earnings of the business.

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