When delivery revenue is earned in cash, which accounts increase or decrease? (a) Cash increases; Revenue increases.

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When delivery revenue is earned in cash, which accounts increase or decrease?

(a) Cash increases; Revenue increases.

(b) Cash decreases; Revenue increases.

(c) Cash decreases; Revenue decreases.

(d) Cash does not change; owner’s equity increases.

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College Accounting Chapters 1-15

ISBN: 12

19th Edition

Authors: James A Heintz, Robert W Parry

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Question Posted: May 21, 2024 01:00 AM

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When delivery revenue is earned in cash, which accounts increase or decrease? (a) Cash increases; Revenue increases.

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College Accounting Chapters 1-15

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