Answer:
a. True
Step-by-step explanation:
In case when the cash is received from the sale, so here the total assets is increased i.e. rise in current assets that is cash account and the stockholder equity is also increased as the revenue is also increased which ultimately increased the equity
The journal entry is
Cash Dr XXXXX
To Sales revenue XXXXX
(Being cash is received is recorded)
hence, the given statement is true