Receiving cash from a customer on account will a. have no effect on total assets. b. increase

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Receiving cash from a customer on account will

a. have no effect on total assets.

b. increase total assets.

c. decrease liabilities.

d. increase shareholders' equity.

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Financial Accounting

ISBN: 9780135433065

7th Canadian Edition

Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin

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