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

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When delivery revenue is earned on account, which accounts increase or decrease?

(a) Cash increases; Revenue increases.

(b) Accounts Receivable increases; Revenue increases.

(c) Accounts Receivable increases; Revenue decreases.

(d) Accounts Receivable decreases; Revenue decreases.

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College Accounting Chapters 1-15

ISBN: 12

19th Edition

Authors: James A Heintz, Robert W Parry

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